In: Accountancy Explain Cost Accounting. What Are The Objectives of Doing It? Explain Cost Accounting. What Are The Objectives of Doing It? 1 Answer afaq 76 Questions 64 Answers 3 Best Answers 17 Points View Profile afaq Added an answer on September 3, 2020 at 10:22 am Cost accounting recording of all the costs incurred in the business. Cost including Fixed cost and variable costs. It Provides data to Internal users for decisions making to reduce the cost by cost control. Objectives of Cost Accounting Process Of Accounting For Cost Records Income And Expenditure Provides Statistical Data Helps In Cost Control Preparation Of Budget Comparison Of Actual With Standard Presentation Of Correct Information Helps In Decision Making 0 Reply Share Share Share on WhatsApp Share on Facebook Share on Twitter Share on LinkedIn Sorry, you do not have a permission to answer to this question.