Cost accounting differs from financial accounting in respect of

Asked by admin @ 11/08/2021 in Accountancy viewed by 452 People

Answered by admin @ 11/08/2021

Answer:

Explanation:

Cost accounting differs from financial accounting in respect of ascertainment of cost. ... On the other hand, financial accounting refers to the accounting concerned with recording financial data of an organization, in order to exhibit exact position of the business

Economic costs of production differ from accounting costs in that

Asked by admin @ 02/08/2021 in Economy viewed by 310 persons

Economic costs of production differ from accounting costs in that

The cost accounting system which is used when producing customized

Asked by admin @ 23/11/2021 in Business viewed by 282 persons

Match each term with the best definition given blow. Note: Not all definitions will be used. a. A detailed record of costs incurred to complete a specific job. b. A …

What is the difference between accounting profit and economic profit

Asked by admin @ 03/11/2021 in Business viewed by 294 persons

The difference between zero accounting profit and zero economic profit is that a. economists do not include opportunity cost in zero accounting profit, while accountants do include opportunity cost in …

What is the difference between marginal cost and marginal benefit

Asked by admin @ 31/10/2021 in Business viewed by 365 persons

How does the relationship between marginal cost and marginal benefit impact producers? It helps producers market their products to new customers. It means that producers make as much of their …

What item is not included in cost accounting

Asked by admin @ 25/08/2021 in Accountancy viewed by 521 persons

What item is not included in cost accounting

Cost accounting provides all of the following information except

Asked by admin @ 20/08/2021 in Accountancy viewed by 504 persons

Cost accounting provide all the information except... (a) product cost (b) cost of good sold (c) inventory values (d) cash forecasts

Difference between double account system and double entry system

Asked by admin @ 16/08/2021 in Science viewed by 333 persons

Difference between double account system and double entry system

Prescription drugs account for 25 of all healthcare related costs

Asked by maham237 @ 29/04/2021 in Health viewed by 390 persons

True or False:

Cost of goods sold managerial accounting

Asked by maham237 @ 21/02/2021 in Business viewed by 363 persons

The field of finance deals with two basic decisions. They are the investment decision (to what projects or assets should funds be allocated) and the financing decisions (from where should …

Managerial accounting is different from financial accounting in that quizlet

Asked by admin @ 29/10/2021 in Business viewed by 358 persons

Managerial accounting is different from financial accounting in that: Multiple Choice Managerial accounting is more focused on the organization as a whole and financial accounting is more focused on subdivisions …

Difference between double account system and single account system

Asked by admin @ 16/08/2021 in Social Sciences viewed by 327 persons

Difference between single account system and double account system

How does demand pull inflation differ from cost push inflation

Asked by admin @ 27/09/2021 in Business viewed by 312 persons

How does demand-pull inflation differ from cost-push inflation? Demand-pull inflation is driven by consumers, while cost-push inflation is driven by producers. Demand-pull inflation is driven by producers, while cost-push inflation …

Costing is specialized branch of accounting which deals with

Asked by admin @ 11/08/2021 in Math viewed by 303 persons

1 Costing is specialized branch ofaccounting which deals with:

A rheostat differs from potentiometer in the respect that it

Asked by admin @ 03/08/2021 in Science viewed by 266 persons

A rheostat differs from potentiometer in the respect that it - a. has lower wattage rating b. has higher wattage rating c. has larger number of turns d. offers larger …