Just as managerial accounting helps businesses make decisions about management, cost accounting helps businesses make decisions about costing. Essentially, cost accounting considers all of the costs related to producing a product. Analysts, managers, business owners, and accountants use this information to determine what their products should cost

Credits :

Readium is available under BSD 3-Clause license

Boundless Book (Creative Commons Attribution-ShareAlike 3.0 Unported (CC BY-SA 3.0)).