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foundational accounting concepts are generally taught in which courses? financial and managerial accounting courses tax and auditing courses
foundational accounting concepts are generally taught in which courses? financial and managerial accounting courses tax and auditing courses
Cost Accountingcourses typically cover basic accounting principles. Calculating fixed and variable costs is a part of cost accounting.Explain about the Cost Accounting?Cost accounting is a sort ofmanagerial accountingthat quantifies an organization's variable and fixed costs to ascertain its overall cost of production.In the process of cost accounting, a firm's goods, services, and any other endeavours that involve the company are all regarded ascost objects. Cost accounting is beneficial because it can demonstrate how much revenue a company generates, where it is spent, and where it is lost.Fixed costs are outlays that happen every month regardless of thevolume of production. Examples include rent, depreciation, loan interest, and leasing charges.Calculating and compiling a product's or activity's cost is the process ofcost accounting. It is a method of tracking expenses and keeping them under control. Additionally, it explains how to categorize, analyze, and evaluate costs.To learn more aboutCost Accountingrefer to:brainly.com/question/24516871#SPJ4...