COST ACCOUNTING

Explain four measures that a firm may take to prevent fraud in the payroll. (8 marks)November 2022

Differentiate between each of the following type of costs: (i) Fixed costs and variable costs; (ii) Product costs and period costs; (iii) Relevant costs and irrelevant costs; (iv) Controllable costs and non-controllable costs.(8 marks)November 2022

Explain four duties of a cost accountant in a manufacturing firm. (8 marks)November 2022