Basic Concept of Cost Accounting
Compare cost accounting with financial accounting. Compare cost accounting and management accounting? Define the term ‗cost‘. Compare it with ―Value‖ and ―Price‖? What are the advantages/ objectives of a cost accounting system. Discuss the role of the cost accountant in a manufacturing organisation How are costs classified? Give different classifications of overheads. Write short notes on explicit and implicit… Read moreBasic Concept of Cost Accounting