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accounting, applications, classifications, concepts, cost, costs, definition, labor, materials, performance, prices, problems, roles, standard, transfer
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Essay (General) # 17694 :: Cost Accounting
Discusses definition, roles, concepts, applications, cost classifications, standard costs, performance, problems, materials, labor and transfer prices.
Written in 1988; 3,600 words; 13 sources; $ 127.95
From the Paper:
" The purpose of this research is to examine the roles and uses of cost accounting. The concepts involved in cost accounting are also reviewed, and the use of cost accounting in a firm's decision-making processes is assessed.
COST ACCOUNTING: DEFINITION, ROLES,
CONCEPTS, AND APPLICATIONS

In the United States (US), cost accounting is a part of managerial accounting. Where financial accounting is concerned with recording actual financial transactions, managerial accounting is concerned with the discovery of relationships in financial data which enhance managerial decision-making (Garrison, 1986, p. 19)."

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