Question

Cost accounting is a tool of managerial planningand control."" Explain..​

Answer 1

Answer:

Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. ... Cost accounting information is commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making.

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Answer 2

Explanation:

Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. ... Cost accounting information is commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making.