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Differentiate between cost accounting and financial accounting?
Cost accounting is usually involved with management accounting. Financial accounting tends to deal with the past and presents information like statements for public and private use. Management.the question am asking have not been answered .because financial accounting and cost accounting is not the same nor even having the same answer .
Do financial reporting and financial statement mean the same thing?
"Do the term financial reporting and financial statement mean the same thing?"
Is income statement same as financial statement?
no. income statement is a only a statement in financial statements.
Past participle of cost?
It is the same: cost.
Is fixed cost the same as indirect cost?
NO both are not same as fixed cost is cost which remains fixed with change in production level while indirect cost is that cost which is not directly related for the production of units.
A socioeconomic group shares the same?
financial and social characteristics.
What is the different between cost accounting and financial accounting?
the question am asking have not been answered .because financial accounting and cost accounting is not the same nor even having the same answer .
Differentiate between cost accounting and financial accounting?
Cost accounting is usually involved with management accounting. Financial accounting tends to deal with the past and presents information like statements for public and private use. Management.the question am asking have not been answered .because financial accounting and cost accounting is not the same nor even having the same answer .
What is the difference between cost accounting and financial accounting and what is the different between cost accounting and management accounting?
Cost accounting and managerial accounting are really the same thing. The key difference between managerial/cost and financial accounting is that managerial accounting information is aimed at helping managers within the organization make decisions. In contrast, financial accounting is aimed at providing information to parties outside the organization. cost is the amount of the expenditure. In cost accounting we can find cost of goods and services. financial accouts shows the profit and loss and balance sheet made during an accounting period, and also financial position of the business as on a particular date. cost accouting provides the management detailed information regarding cost of each product, services etc. Cost Accounting focuses on the costs of production and inventory valuations. Management Accounting produces internal financial reports and analysis prepared in such a way to assist managers in making decisions (such as expense reduction, capital investment, etc.). Financial Accounting produces financial reports in accordance with GAAP and legal guidelines and would generally be the format which is distributed externally for banks, investors, etc.
Do financial reporting and financial statement mean the same thing?
"Do the term financial reporting and financial statement mean the same thing?"
Should the man give his lover the same financial and social position the wife has?
Perhaps that is something the man should ask his wife. Doing so would likely solve the issue of whether the lover should have the same financial and social status of the wife, because there would probably not be a wife, but an ex-wife. That is, unless the man married the lover. Regardless of that, it is actually not possible for the man to give his lover the same financial and social status of his wife. Financial, maybe, but then he would be robbing from his wife to do that, even if he is the sole financial source for the family. Supporting two households is not something many men have the finances to do. Social isn't in your control. You could take your lover places and such, but people would simply not accept your lover as being on the same level as your wife. And, of course, your wife would find out about your lover. Someone else said it best: "Actually, the man should tell his wife the truth and stop cheating."
What does financial need mean on FAFSA?
When related to the FAFSA, your financial need is the difference between your cost of attendance and at a school (abbreviated as COA) and your Expected Family Contribution (EFC). Your cost of attendance will vary depending on what school you would like to attend, but your EFC will stay the same.
What is the Social Security cost of living adjustment in 2010?
There was no cost of living adjustment (COLA) in 2010 or 2011; benefits will continue being paid at the same rate as in 2009.
What are the roles of an accountant?
The role of the accountant (private) is to record the financial activities of an enterprise and to cost the goods and services that a company provides. Public accountants audit the assertions that an enterprise makes on its financial statements and issues an opinion on the same.
What do you mean by cost benefit analysis?
Cost Benefit Analysis (CBA) means the process of quantifying costs and benefits of a decision, program, or project (over a certain period), and those of its alternatives (within the same period), in order to have a single scale of comparison for unbiased evaluation.Unlike the present value (PV) method of investment appraisal, CBA estimates the net present value (NPV) of the decision by discounting the investment and returns.Though employed mainly in financial analysis, a CBA is not limited to monetary considerations only. It often includes those environmental and social costs and benefits that can be reasonably quantified.
Do the terms financial reporting and financial statement mean the same thing explain?
No they do not mean the same thing. Financial reporting is the more indept report. A financial statment are a subset of the total information in the financial report.
How do you go from being a vegetarian back to being a meat eater?
The same way you went from Meatey to Vegetarian. You weigh up the health, environmental, financial and ethical factors against your personal desires and go shopping.
