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Financial and managerial accounting problems and solutions. After the budget is created, it doesnt change with the level of. Costcost and and and management management accountingaccounting module 1 paper 2 icsi house, 22, institutional area, lodi road, new delhi 110 003 tel 0114534. You also use cost accounting to determine a price for your product or service that will allow you to earn. Cost accounting is an accounting method that aims to capture a companys costs of production by assessing the input costs of each step of production as well as fixed costs, such as.
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