Importance of Managerial Accounting and Cost Accounting
Managerial Accounting and Cost Accounting are the two major branches of the accounting that are equally important for the business world due to their importance. In this report we will evaluate these two branches with respect to their significance to the business world. Cont… (500 words of this report)
Introduction:
Importance of Managerial Accounting
Relevant Cost Examination:
Activity-based Costing:
Make or Buy Examination:
Using the Information:
Importance of Cost Accounting
Importance to management:
Significance for investors:
Importance for customers:
Importance for Workers:
Significance for Government:
References:
Importance of Managerial Accounting
Relevant Cost Examination:
Activity-based Costing:
Make or Buy Examination:
Using the Information:
Importance of Cost Accounting
Importance to management:
Significance for investors:
Importance for customers:
Importance for Workers:
Significance for Government:
References: