difference Between Cost Accounting and Financial Accounting?
Answer Posted / ruchi
->Cost accounting is not necessary for all firms,Cost
accounting is totally depends on the firms seniors whether
they want to do the cost accounting of their firm or not,
but financial accounting is necessary to all.
->Cost accounting is related to cost of each material, man,
and overheads, financial accounting maintains only past
financial records.
| Is This Answer Correct ? | 6 Yes | 5 No |
Post New Answer View All Answers
Explain what is secondary markets? What is the difference between the secondary and primary market?
What is the logo of Bank of Baroda know as?
State some points of Union Budget 2017?
What Is The Difference Between Product Costs And Period Costs?
Which bank is the settlement bank for cash tree?
Have you ever done anything regarding your weaknesses?
Why bond prices are inversely related to interest rates?
How does rupee strengthen when the Reserve Bank of India sells dollars in the market?
What Is Materiality?
what features are available in Tally ERP 9 for Accounting?
What is the short cut to filter the information based on the monetary value all most from all report screens in Tally ERP 9?
What Is A Revenue Expenditure?
what are the types of Tally ERP 9 vouchers? Also give the shortcut for creating this vouchers?
What is the meaning of the term ‘cost of debt’?
What type of insurance policies are there?