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Operation and Design of Cost Accounting Systems
A number of features should be taken into account previously to finalizing the design of a cost and management accounting system. These are like:
a) Business's nature enterprise
b) The accounting methods and techniques that will be of use
c) Type and Volume of information that will be needed
d) The method of recording, communicating and processing information.
Accounting Records - Nature and Purpose of Cost Accounting The quantitative information employed in the management and cost accounting systems can be obtained from with two ac
priple of accounting
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Functional Classification of Costs Beneath this classification, costs are classified according to the function they execute in an organization. Costs can functionally be clas
how do I apportion
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