Accounting · Year 1 · Week 14
Identify the factors to consider when installing a cost accounting system and type of information produced and differentiate between Cost Accounting and Financial Accounting
- Strand
- Cost Accounting
- Sub-strand
- Controlling Cost to Improve Organisational Performance
- Content standard
- Demonstrate knowledge and understanding of the purpose of Cost Accounting
- Learning outcome
- Explain the importance of managing and controlling costs in organisations and everyday life
- Learning indicator
- Identify the factors to consider when installing a cost accounting system and type of information produced
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