The age of the industrial revolution resulted in the first swept of large businesses and organizations. So these organizations were more complex and dynamic. This is what lead to the invention of what is now the modern cost accounting process in use. So the origin and evolution of cost accounting can be traced back to the industrial revolution. The idea was to help the businessmen to record and keep a track of their costs and expenses. Give at least one usefulness of cost accounting?
The age of the industrial revolution resulted in the first swept of large businesses and organizations. So these organizations were more complex and dynamic. This is what lead to the invention of what is now the modern cost accounting process in use. So the origin and evolution of cost accounting can be traced back to the industrial revolution. The idea was to help the businessmen to record and keep a track of their costs and expenses. Give at least one usefulness of cost accounting?
Chapter1: Financial Statements And Business Decisions
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The age of the industrial revolution resulted in the first swept of large businesses and organizations. So these organizations were more complex and dynamic. This is what lead to the invention of what is now the modern cost accounting process in use.
So the origin and evolution of cost accounting can be traced back to the industrial revolution. The idea was to help the businessmen to record and keep a track of their costs and expenses.
Give at least one usefulness of cost accounting?
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