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Question difference Between Cost Accounting and Financial Accounting?
 Question Asked In Companies :: Saga, Amity, Unilever, College School Exams Tests, AJL, IILM,     < I also faced this Question! >
 Question Submitted By :: nandu
  Answer Posted By  
 
Answer
Cost accounting is related to calculate the cost of
materails, labour, overheads and cost of related jobs and
contracts.In company cost Accounting helps to calculate the
real cost of production but finacial accounting is
associated with maintaining the accounts in the company it
maintains the flow of funds in the company.

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