COST ACCOUNTING
INTRODUCTION TO COST ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The branch of accounting is
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Financial accounting
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Management accounting
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Cost accounting
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All of above
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Explanation:
Detailed explanation-1: -What Are the 3 Types of Accounting? Though there are 12 branches of accounting in total, there are 3 main types of accounting. These types are tax accounting, financial accounting, and management accounting. Management accounting is useful to all types of businesses and tax accounting is required by the IRS.
Detailed explanation-2: -While financial accounting, cost accounting and management accounting are the main branches, there are other accounting branches as well.
Detailed explanation-3: -Human Resource Accounting is not a branch of accounting.
There is 1 question to complete.