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Managerial accounting is the process of figuring out, measuring, examining, interpreting and communicating information with the pursuit of a company's purpose. It is usually that department of accounting that is definitely also called cost accounting.
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The study course signifies the authorized and accounting concepts governing the conduct of company in The us. It will include guidelines and regulations relevant to organization functions.
Each individual cost might be described with two of those 4 costs. Such as, the cost to repair service machinery is definitely an indirect variable cost. You decide If your cost is immediate or oblique, and In case the cost is preset or variable.
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