How To Use cost accounting In A Sentence
- By the 3rd millennium B.C., they had developed a primitive form of cost accounting, elaborate techniques of budgeting and planning, and calculative techniques for devising labor standards.
- In order to deal with the problems of budgeting for this it is necessary to know something of company financial and cost accounting.
- Batch cost accounting method depending on the value of the three conditions.
- In the lecture he also examined the notions of cost and cost accounting in relation to the pricing of cost-plus contracts during the second World War.
- In other words it is a part of the larger and even more complex issue of the relevance of current cost accounting.
- Problems of the current cost accounting methodology in domestic logistics enterprises must be solved with new methods.
- However, there are many public sector organizations which are unlikely to adopt current cost accounting.
- Moreover, current cost accounting strictly demands that a business's cash book be segregated into capital and revenue cash.
- This is known as replacement cost accounting as opposed to historic cost accounting when the original cost is retained.
- However, there are many public sector organizations which are unlikely to adopt current cost accounting.