Question: QU #3 a. Explain giving examples why it is important to keep current cost in line with planned cost. Using examples where possible, describe the

QU #3

a. Explain giving examples why it is important to keep current cost in line with planned cost. Using examples where possible, describe the process of job costing used in non-profit organizations. (5 marks)

b. Why is it important to establish appropriate cost pools? (5 Marks)

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