External link to Cost Accounting

Cost Accounting

Publication, any stake or omission that may have crept in is not intentional. It may be taken note of that neither the publisher nor the author will be responsible for any damage or loss of any kind arising to anyone in any manner on account of such errors and omissions. Leaser Type Seated by : Banyan College Printing Department Preface am glad to present this […]

External link to Definition of Activity-Based Cost Accounting

Definition of Activity-Based Cost Accounting

The matching principle of accounting dictates that for every revenue generated, a corresponding cost should be attributed to it.  In order to determine the resulting profit properly, these components should be matched against each other. This has been the guiding convention of financial reporting since the practice of accounting became an integral part of the economy to evaluate properly a firm in a somewhat standardized […]

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