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What is the principles and characteristics of cost accounting management accounting and financial accounting?

Dana Keller

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Deborah Edwards on July 13, 2018

Principles of Cost Accounting:-. 1. This implies that the cause and effect in the department in some way or another to the that has been incurred.. 2. It takes place after it has been incurred.. 3. you should not be in the determinance of the prudence, which must be based on real facts and figures.. 4. past cost should not form the basis of the costs in the future.

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