Accountancy, asked by ankitguru8020, 5 hours ago

Cost Accounting information which is suitable for the intend purpose is

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Answered by Evyaan7
3

What Is Cost Accounting?

Cost accounting is a form of managerial accounting that aims to capture a company's total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense.

Explanation:

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Answered by hariuthiras
1

Answer:

  • Cost accounting is the reporting and analysis of a company's cost structure.
  • Cost accounting involves assigning costs to cost objects that can include a company's products, services, and any business activities.
  • Cost accounting is helpful because it can identify where a company is spending its money, how much it earns, and where money is being lost.

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