Cost accounting maheshwari mittal

  • What are the tools of cost accounting?

    Cost Accounting Tools
    There are a multitude of tools that the cost accountant uses to accumulate and interpret costs, including job costing, process costing, standard costing, activity-based costing, throughput analysis, and direct costing..

  • What is management accounting theory?

    Managerial accounting involves the presentation of financial information for internal purposes to be used by management in making key business decisions.
    Techniques used by managerial accountants are not dictated by accounting standards, unlike financial accounting..

  • Managerial accounting, therefore, is concerned primarily with many basic functions such as management planning, cost determination, cost control, and performance evaluation.

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