Cost accounting bba

  • Types of cost accounting

    In accounting, the term cost refers to the monetary value of expenditures for services, supplies, raw materials, labor, products, equipment, etc.
    Cost is an amount that is recorded in bookkeeping records as an expense..

Conclusively, cost accounting may be defined as body of concepts, methods, techniques and procedure used to compute, analyse or estimate the costs profitability 
Cost Accountancy envisages application of costing and cost accounting in a business setup. It includes determination of selling price and profitability in 

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