cost accounting cocept
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COST ACCOUNTING:
Cost accounting is the process of recording, classifying, analyzing, summarizing, allocating various alternative courses of action for the control of costs. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future
Cost accounting is the process of recording, classifying, analyzing, summarizing, allocating various alternative courses of action for the control of costs. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future
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