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date: 20 August 2019

cost accounting 

Source:
A Dictionary of Economics
Author(s):

Nigar Hashimzade,

Gareth Myles,

John Black

The branch of accounting concerned with the costs of economic activities. This includes measuring the costs of activities already carried out, so that their profitability can be assessed, and estimating the likely costs of future activities, to assist management in planning and in tendering for contracts. It is concerned generally only with private costs.... ...

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