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Classification of costs
what are the various classification of cost accounting?
Classification in terms of accounting is when the company accounts are determined for the chart of accounts. This classification helps the accounting department to allocate costs, expenses, and revenue to the correct accounts within the accounting system to appropriately track them.
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what are the various classification of cost accounting?
Classification of costs
409. CD = 400 As D = 500 And IX = 9 Therefore, the answer is 409.
what are the various classification of cost accounting?
Some limitations of cost accounting include: Not capturing all intangible costs and benefits, such as employee morale or brand reputation. Tendency to focus on historical data rather than future-oriented analysis. Can be complex and time-consuming to implement accurately, leading to potential errors or biases in the information provided.
Classification in terms of accounting is when the company accounts are determined for the chart of accounts. This classification helps the accounting department to allocate costs, expenses, and revenue to the correct accounts within the accounting system to appropriately track them.
It represents 409 in today's notation of Roman numerals
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