Cost accounting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 April 2012
assalam o alaikum!,sir please tell me simle definition of cost accounting.
07 April 2012
cost accounting -- a branch of accounting dealing with the classification, recording, allocation, summarization and reporting of current and prospective costs and analyzing their behaviors. Cost accounting is frequently used to facilitate internal decision making and provides tools with which management can appraise performance and control costs of doing business.
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