Cost accounting module cma inter

  • Cost and management accounting is a type of accounting that focuses on providing information and analysis to help with decision-making, planning, and regulating an organisation's financial elements.

How do you calculate Cost Accounting & Financial Management?

Overview of Financial Management 3.36 I COST ACCOUNTING AND FINANCIAL MANAGEMENT Solution:

  • Amount Invested = ` 75
  • 000 Rate of Interest = 8% No. of Compounds = 2 x 5 = 10 times Rate of Interest for half year = 8 2 = 4% Compound Value or Future Value = p (1+i)n .
    • ,

    What is cost accounting & management accounting?

    Cost Accounting and Management Accounting:

  • Management Accounting is primarily concerned with management.
    It involves application of appropriate techniques and concepts, which help management in establishing a plan for reasonable economic objective.
    It helps in making rational decisions for accomplishment of these objectives.
    • ,

    What is not included in Cost Accounting & Financial Management?

    COST ACCOUNTING AND FINANCIAL MANAGEMENT I 2.49 (v) Imputed costs (vi) Cost of self-manufactured components and sub-assemblies shall not include:

  • share of other administrative overheads
  • finance cost and marketing overheads (vii) Material cost of abnormal scrap/defectives not to be included .
    • ,

    What is the difference between cost accounting & financial management leverage?

    Overview of Financial Management 3.8 I COST ACCOUNTING AND FINANCIAL MANAGEMENT leverage exists because of operating expenses, while financial leverage exists because of the amount of debt involved in a firm’s capital structure.


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