Here is the synopsis of our sample research paper on AN EXAMINATION OF MANAGERIAL (COST) ACCOUNTING PROCESSES IN THE U.S.. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 10-page paper examines the process of cost accounting (also known as managerial accounting) in the U.S. Bibliography lists 4 sources.
Page Count:
10 pages (~225 words per page)
File: D0_MTusacct.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
determine revenues and costs. Though these methods differ from one another, the one thing they do share in common is their attraction of retractors and defenders. For every new theory
that comes out, there are those who would tear it apart, and those who would support it wholeheartedly. In this paper, well examine
the concept of managerial accounting, also known as cost accounting - and well examine this as it is performed in the United States, by U.S. accounting standards. As with any
method of accounting, cost accounting has its defenders and detractors - but its not the purpose of this paper to determine if cost accounting is a good tool to use
or not. What we will try to do with this paper is define, as specifically as we can, what cost accounting is and
how its used; discuss who is involved with decisions about cost accounting; and then discuss operating budgets developed under this procedure. The end result will be a better understanding of
the method of cost accounting and how it works for certain businesses. As with any kind of accounting method, cost accounting may not be for all businesses - but as
well see in this paper, this method is flexible enough that pretty much any business can incorporate some method of cost accounting into its budget analysis. A Definition of Cost
Accounting Before going into who and what is involved in cost accounting, its first helpful to define what, exactly, this method of crunching
numbers entails. Cost accounting, as explained by the name, records costs based on what is incurred on a departmental basis. As opposed to activity based accounting, which records costs per
...