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difference Between Cost Accounting and Financial Accounting? |
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Question Asked At :: Saga, Diffrent Between Cost Accounting And Financial Accounting, Iilm, School, 86t0, Amity, Aa, Ajl, Davimt |
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Question Submitted By :: nandu |
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Answer
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The Difference between financial and cost is that in
financial accounting all business transaction between
debtor and creditor are determined. Cost accounting is used
for managerial decision making, how much cost is spent in
all production as well as admin department. What amount of
budget is required in future and all receipt forecasting.
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Jahangir Ahmed
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