Lecture 1_ Cost and Management Accounting
- 6 years ago
This lecture covers cost and management accounting in easy way. Basically cost accounting deals with direct and indirect expenses related to cost and broadly categorized under three elements, which are:-
1. MATERIAL
2. LABOR
3. EXPENSES
It is the process of minutely describe, analyze and interpret all expenses incurred during production or manufacturing process.
1. MATERIAL
2. LABOR
3. EXPENSES
It is the process of minutely describe, analyze and interpret all expenses incurred during production or manufacturing process.