Cost Accounting

Cost accounting is a form of managerial accounting that identifies, all fixed and variable costs incurred in providing goods and/or services. Cost accounting is intended to assist the management of a business make informed decisions about how best to utilize their resources. For example, cost accounting data may lead management to emphasize one product or service over another or even cease offering a specific service or product because it is either not profitable or only marginally profitable.

 

 

Managerial Accounting

Nationwide Accounting Services
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