difference Between Cost Accounting and Financial Accounting?
- 56 Answers
- 147713 Views
- AJL, Amity, College School Exams Tests, IILM, Saga, Unilever, I also Faced
- E-Mail Answers
Answer Posted / ranjani
cost acccounting is used to find the cost of a product so
that it can be controlled , financial accounting on the
other hand gives the overall performance of the entity and
does not give details regarding the operating efficiency of
the entity. One can say that , Financial accounting shows
the financial position at macro level and cost accounting
is at micro level. Cost accounting is more in detail of
basic operating expenses
| Is This Answer Correct ? | 34 Yes | 10 No |
Post New Answer View All Answers
Explain unsecured loans.
Explain different types of insurance policies.
What is 'tier 1 capital'?
Explain share capital?
Differentiate between trade, commerce business and industry.
What is 'nicnet'?
I am attending the interview in ICICI BANK i need the interview tips and questions
Which is on top among them?
How will you define public expenditure?
What is bandhan bank?
Do you know about winners of various Awards?
Differentiate between micro credit and micro finance?
Define Call Money Rate?
What are the components of the monetary policy of rbi?
i hav been selected for gd-pi of icici po 2012 may batch. m looking for its interview questions. can ny1 help??
