Computer Science, asked by mamathavagamare, 7 months ago

1.7 FINANCIAL ACCOUNTING VS. COST ACCOUNTING​

Answers

Answered by ayushbag03
2

Answer:

Cost accounting is an internal instrument for the management to measure efficiency and make a decision related to the operations of a company. On the other hand, Financial accounting prepares financial statements to show performance to the entities external to the company like investors and creditors,etc.

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