Management

Cost accounting

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The importance of efficiency in business organization has never been so generally recognized as at the present time, and there is promise of even greater development in the future. One indication of this condition is the increased volume of literature that is now available on the subject. More than 90% of this literature has been published in the last decade, and fully 75% in the last five years.
The ultimate causes of this are to be found in the broad field of economics. The gradual absorption and development of natural resources, the exploitation of new fields of commerce, the increase of population, the higher standards of living, the greater complexities of demands in modern life these are but a few of the innumerable influences reflected in the industrial life of today.
Transformed to some extent, these changes meet the manufacturer in the form of demands for more wages and better labor conditions, in the increased cost of materials, and in a much keener competition in every phase of manufacturing and selling. He must either adapt his methods to meet the situation, or retire from the field. Only one practicable road lies before him, and that is a keener realization of the existing possibilities in his business. To be specific, he must eliminate waste of every kind and plan his organization so as to increase the production per unit of cost.

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Detail Information

Series Title

Cost accounting,

Call Number

-

Publisher

USA : ., 2010

Collation

1-608

Language

English

ISBN/ISSN

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Classification

NONE

Content Type

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Media Type

-

Carrier Type

-

Edition

1st Edtion

Subject(s)

Accounting

Specific Detail Info

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Statement of Responsibility

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