In the production scene of India, Cost control is a far fetched dream due to variety of reasons. Indian economy is one of scarcity, rising prices, shortages, labour
History of Cost Accounting Every business has to face stiff competition under uncertainty conditions or situations. Moreover, risks involved in running of a business unit are also increased
What is Cost Control? Cost control is a tool of management executives to regulate the working of the manufacturing concern. Under the globalize economy, mere planning is not
