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Assignment-2 Subject: Cost and Management Accounting Submitted to Mr. Faroog Ahmad Submitted By Muhammad Kalim Khan 2008-ag-608 4® Semester (M.BA 2.5 Years ) INSTITUTE OF BUSINESS MANAGEMENT SCIENCES, UNIVERSITY OF AGRICULTURE FAISALABAD 2020 Institute of business Management sciences University of Agriculture Faisalabad Class MBA (Executive) Semester a Subject Cost and Management Teacher name | Farooq Ahmad Accounting Submission Date: 25 April, 2020. Note: Assignment should be in hand written form and submitted in hard form when university will be reopened. Soft copy of assignment sent via email within a due date as mentioned above. Qé#1: What is the difference between Job order costing and Process costing? Q#2: What steps should be kept in mind for measure the absolute business performance? (Q#3: what is the criticism of standard costing in today Manufacturing Environment? 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