3. Cost calculation basis for managerial decision
Managerial accounting, through its cost-calculation system, constitutes an essential informational source for the firm management, as: costs appear everywhere in the enterprise and their calculation explains the efficiency of the
economic activity and establishes the deviations from the proposed goal (Deju & Patrut, 2006).
The concept of cost is recent, appearing in the practice of the industrial enterprises and in the accounting papers
since the 19th century, following the industrial revolution and due to the increase of the concurrence, which calls for
the obtaining of a competitive advantage through the management of the resource consumption.
Cost is considered the regrouping of accounting expenses pertinent to be carried out in order to make decisions
or to assure the control of a part of the organization or of the organization as a whole (Oprea & Gheorghe, 2002).
3. Cost calculation basis for managerial decision
Managerial accounting, through its cost-calculation system, constitutes an essential informational source for the firm management, as: costs appear everywhere in the enterprise and their calculation explains the efficiency of the
economic activity and establishes the deviations from the proposed goal (Deju & Patrut, 2006).
The concept of cost is recent, appearing in the practice of the industrial enterprises and in the accounting papers
since the 19th century, following the industrial revolution and due to the increase of the concurrence, which calls for
the obtaining of a competitive advantage through the management of the resource consumption.
Cost is considered the regrouping of accounting expenses pertinent to be carried out in order to make decisions
or to assure the control of a part of the organization or of the organization as a whole (Oprea & Gheorghe, 2002).
การแปล กรุณารอสักครู่..
![](//thimg.ilovetranslation.com/pic/loading_3.gif?v=b9814dd30c1d7c59_8619)