difference Between Cost Accounting and Financial Accounting?
Answer Posted / ruchi
->Cost accounting is not necessary for all firms,Cost
accounting is totally depends on the firms seniors whether
they want to do the cost accounting of their firm or not,
but financial accounting is necessary to all.
->Cost accounting is related to cost of each material, man,
and overheads, financial accounting maintains only past
financial records.
Is This Answer Correct ? | 6 Yes | 5 No |
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