Cost Accounting Research Paper by The Research Group

Cost Accounting
Discusses definition, roles, concepts, applications, cost classifications, standard costs, performance, problems, materials, labor and transfer prices.
# 17694 | 3,600 words | 13 sources | 1988 | US
Published on Feb 27, 2003 in Accounting (Managerial) , Accounting (General)

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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.

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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"Cost Accounting" 27 February 2003. Web. 07 July. 2020. <>