Top 5 Functions of ‘Cost Audit’ Aids Management

This article throws light upon the top five functions of ‘Cost Audit’ Aids Management. The functions are: 1. As an Aid to Decision-Making 2. As an Aid to Management Information System 3. As an Aid to Determination and Co-Ordination of the Company's Activities 4. As an Aid to other Kinds of Services 5. As an Aid to the Productivity Audit. [...]