1

…………………. Accounting is not only a positive science but also a normative science because it includes techniques of budgetary control and standard costing.

Correct Answer: Cost

Make the most of this question

This page focuses on one Cost Accounting question from Faculty. After checking the answer, return to the topic list to practice more or run a timed set.

Cost Accounting MCQ: …………………. Accounting is not only a positive science but also a normative science because it includes techniques of budgetary control and standard costing. | Extra Education