Cost Accounting: Definition and Types With Examples
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YouTubeSimple Explain
Cost Accounting: Definition and Types With Examples
Cost accounting is an informal set of flexible tools that a company's managers can use to estimate how well the business is running. This form of managerial accounting captures a company's total cost of production by assessing variable and fixed costs. Cost accounting, not being GAAP-compliant, is used for internal purposes. It helps companies ...
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