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Question -
i. Give any four advantages of Cost Accounting.
ii. What is meant by Safety Stock?
iii. What is Flux Rate of Labour Turnover? How is it determined?
iv. What do you mean by "Economic Batch Quantity" in Batch Costing?
v. Differentiate between by-product and joint-product.
vi. What are the limitations of Zero Base Budgeting?
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