Question: Is there a difference between cost and price in managerial accounting? these terms tend to be used interchangeablyby a lot of people, including CPAs. However,

Is there a difference between cost and price in managerial accounting?

these terms tend to be used interchangeablyby a lot of people, including CPAs. However, in managementaccounting,the two terms are distinctly different and part of the common body of knowledge that makes up management accounting.

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