THOUGHT FOR THE DAY

Age

"Forty is the old age of youth; fifty the youth of old age."

- Victor Hugo

TOPIC OF THE DAY

Cost Accounting

In management accounting, cost accounting establishes budget and actual cost of operations, processes, departments or product and the analysis of variances, profitability or social use of funds. Managers use cost accounting to support decision-making to cut a company's costs and improve profitability.

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LATEST ARRIVALS

Geeks and geezers by Warren G. Bennis and Robert J. Thomas