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Cost accountant is part of Management Accounting. General Accountants are are mostly relevant to Financial Accounting
Kindly furnish me with the roles of a cost accountant in any manufacturing company
A cost accountant is responsible for assigning cost to products. They have to be accurate because managers will make decisions based on this information.
DISTNGUISH between finance, management accountant and financial accounting
advancing finances
hi, i want to ask the base skill is Accountant do and the responsiblity Can you explain me as soon as possible
One problem with finances when operating an international business is the fact that the cost of money fluctuates. Another problem is the fact that nations handle business transactions differently.
institute of cost & works accountant
5000/-
An opportunity cost where money does not change hands does not count as a cost. An example of this is the owner's opportunity cost for an alternate employment, since money does not change hands.
Factory overhead is what it costs to run the factory. The cost accountant can look at the cost of overhead to find ways to minimize it, resulting in the cost of the product being lower.
True and fals