Interested to Buy Any Domain ? << Click Here >> for more details...
difference Between Cost Accounting and Financial Accounting?
- 56 Answers
- 160735 Views
- AJL, Amity, College School Exams Tests, IILM, Saga, Unilever, I also Faced
- E-Mail Answers
Answer Posted / prabhakar
Financial Accounting is to find out the profitability if
operations during a particular period for the benefit of
owners and outsiders.
Cost accounting is to help management through the provision
of prompt cost data and thereby improve managerial decision
making.
In simple Financial Accouting shows the Overall profit of
the organisation. Cost Accounting shows individually ie.,
product wise.
| Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
What are the different benchmarks against which ratios are compared?
What is the difference between acquisitions and mergers?
What is term repo?
What do you mean by imps?
What is fixed assets turnover ratio? What does it indicate?
What are your areas of interest?
How can i start buying a share. How can i find dealers. Can any one give me just an idea about this. When to buy ? How to buy? where to Buy ? How can i sell it ? How i came to know it is right time to sell . so that i can gain money ? Advance thanks
Where Does Revenue Received In Advance Go On A Balance Sheet?
Comment on Demonetization?
Who are the recent Padam Awards Winners?
What Is Efficient Market Hypothesis?
What is the difference between Banks and NBFCs (Non Banking Finance Companies)?
What Is The Ssm Framework Regulation And Why Is It Necessary? To Whom Does It Apply?
What Is Non-traditional Options?
What is the Full form of IMPS and what are the features and benefits?
