Archive | Cost Accounting

There are certain items which are excluded from cost accounting. These may be the following.

Cost accountancy is said to be a science, art and practice of the cost accountant.

Cost Aaccounting Has The Following Features:

The Scope of Cost Accounting Is Very Wide and Includes:

The Following Are The Important Functions of Cost Accounting:

These are the following important objectives of cost accounting:

Cost accounting is the process of accounting for cost. It begins with the recording of expenditures and ends with the preparation of statistical data.

Cost is the price to be paid or amount of money needed to obtain something. It may be actual or national, incurred or attributable to a given product or services rendered.