Question

Relation of cost department with other departments

Answer 1

Answer:

Relation with Other Departments! ... It makes an analysis of cost of manufacturing, marketing and administration and provides control reports and other decision making data to all levels of management for the purpose of controlling and reducing costs.

Answer 2

The cost accounting is responsible for determining, regulating, and lowering production costs.

The cost accounting unit and the production department are inextricably linked to each other. The transformation of raw resources into final goods is the responsibility of the production department.

Because management relies solely on accounting for financial information in order to make choices. Accounting delivers a wide range of financial data for project planning and execution of a project in a corporation.