Cost Accounting is the application
of costing and Accounting principles, methods and techniques, the ascertaining
of cost and analyses of savings of excess as compared with standard or previous
experience.
of costing and Accounting principles, methods and techniques, the ascertaining
of cost and analyses of savings of excess as compared with standard or previous
experience.
A
cost is defined as an expired expenses incurred for the production of goods and
services and the purchase of an item for resale and for use.