direct costs, indirect costs, operating costs, opportunity costs, sunk costs, and controllable costs. Cost accounting is an accounting method that takes into consideration a company's total cost ...

Reviewed by David Kindness Fact checked by Ryan Eichler What Is Cost Accounting? Cost accounting is a process that involves recording, analyzing, and reporting a company's expenses in detail. Unlike ...

Cost accounting is a process that measures all of the expenses associated with running a business, including both fixed and ...