What is Cost Accounting
Process of recording, analyzing, and evaluating costs of produced items is cost accounting. another term of it is management accounting in some account departments in factories. Its goal is to help managements to decide how to reduce expenses and increase profits of manufacturing with the best decisions. in Any factories it is a top subject to understand cost of producing and how to decrease expenses of producing to increase profit of sales. So, a management system with the latest methods of it could grow the factory to high levels of success.
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