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what are the limitions of cost classification
what are the limitions of cost classification
what are the limitions of cost classification
Wiki User
∙ 13y ago
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.
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