What is meant by Cost Accounting? How it is different from
Financial Accounting?
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Answer Posted / satish and ramu
cost is the amount of the expenditure. In cost accounting
we can find cost of goods and services.
financial accouts shows the profit and loss and balance
sheet made during an accounting period, and also financial
position of the business as on a particular date.
cost accouting provides the management detailed information
regarding cost of each product, services etc.
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