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Why is cost accounting essential for management?

Cost accounting is used to calculate the per unit cost of product so if the management does not know the per unit product price they will not able to set the selling price of product and determine the profit per unit which they can earn and so many other important decision like these are dependent on cost accounting.


Role of the cost and management accounting?

Role of cost and management accountant is to determine the cost of production and per unit cost of product as well as help management in daily business activities and provide cost information about all business activities and help in decision making process as well as capital budgeting and decisions.


How break even analysis can support a negotiation?

Breakeven provides the information about how a unit is providing contribution towards recovery of fixed cost so it helps the management to accept that selling price in short term only that at least covers the variable cost of unit.


What is difference between management account and cost account?

Management accounting is use for internal accounting purpose of business management while cost accounting is use to find out the per unit cost of production.


What function of your installation's planning and management staff collaborates with the installation Office of Emergency Management to ensure they have the appropriate information products and supp?

Unit Emergency Management Representative


What function of your installations planning and management staff collaborates with the installations office of emergency management to ensure they have the appropriate information products and suppor?

unit emergency management representative


What function of your installation's planning and management staff collaborates with the installation's office of emergency management to ensure they have the appropriate information products and supp?

Unit Emergency Management Representative


This function of your installations planning and management staff collaborates with the installations office of emergency management to ensure they have the apporpriate information products and suppor?

Unit Emergency Management Representative


The ce readiness and emergency management flight will provide you with em information in support of your unit em information program at least?

quarterly


Explain the concept of computer report in Management Information System of production unit of an organisation.?

There are several computer application in management information system. These are application systems that aids the management in decision making. Example of which are: business intelligence system,...


When determining housing cost's it is important to choose a rental unit one can?

Afford


Why do you study cost accounting?

Cost accounting tells us about how to calculate the per unit cost of any item produce in manufacturing concern as well as provide the basis for management accounting to help management in short-term and long term decision making process.