Question: Why is cost accounting important? Why is important to consider the difference between cost accounting and financial accounting? Ch2: Why do managers consider Direct Coasts

Why is cost accounting important?

Why is important to consider the difference between cost accounting and financial accounting?

Ch2: Why do managers consider Direct Coasts to be more accurate than Indirect Costs?

How do managers decide whether a cost is a Variable or a Fixed cost?

or other important and useful issues/information.

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