Lecture Accounting: What the numbers mean (10/e): Chapter 13 – Marshall, McManus, Viele
Chapter 13 – Cost accounting and reporting. After reading this chapter, you should be able to answer the following questions: What is the role of cost accounting as it relates to financial and managerial accounting? How does cost management play a strategic role in the organization’s value chain? What is the difference between direct and indirect costs, and how do they relate to a product or activity?…
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