Cost accounting emerged mainly on account of___________
Answers
Answer:
Cost accounting emerged mainly on account of: a Statutory requirem.
Explanation:
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Answer:
Cost accounting emerged mainly on account of a Statutory requiem.
Explanation:
Cost accounting is defined as "a scientific set of methods for recording and reporting measurements of the fee of producing goods and performing services inside the combination and in element. It consists of techniques for spotting, classifying, allocating, aggregating and reporting such costs and comparing them with standard expenses."
(IMA) [regularly taken into consideration a subset of managerial accounting, its quit aim is to advocate the control on the way to optimize commercial enterprise practices and tactics based totally on value performance and capability. value accounting presents the designated fee statistics that management needs to manipulate modern operations and plan for the future.
Cost accounting emerged mainly on account of___________
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