Accounting · Cost Accounting
The primary objective of the systematic classification of costs in cost accounting is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1To value the financial goodwill of the company
- 2To identify, analyze, and control cost elements✓
- 3To determine the net taxable income of the enterprise
- 4To ascertain the gross profit of the business
Correct answer
To identify, analyze, and control cost elements
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Accounting?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Cost Accounting MCQs →Want more practice questions on Cost Accounting?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Accounting · Cost Accounting