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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
Under Cost Accounting the correct per unit cost of
Manufactured goods or services can be determined and the
future estimated costs of goods can be known while
Financial Accounting shows the the total Profit/Loss and
economic position of a business at the end of the year.

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