41. Some cost accounting practices such as activity-based costing will allocate fixed costs to business activities for profitability measures. 42. So far ever 22 Cost Accounting Standards and 4 Management Accounting Guidelines have been issued by the Institute. 43. He emphasized that cost accounting is a service function whose value depends on its usefulness to other departments. 44. These measurements eliminate the need for the shop-floor tracking and variance reporting favored by traditional cost accounting systems. 45. And the publishing company is installing its own cost accounting system because Harvard's 358-year-old system was too quaint. 46. Before the implementation of this particular ISO it is helpful to understand the difference with the traditional cost accounting . 47. The purpose of ISO 14051 : 2011 is to provide principles and generic guidelines on material flow cost accounting . 48. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.49. Fluor officials labeled the charges " a disagreement among professionals regarding the application of government cost accounting standards ." 50. The term has often been translated as cost accounting , which does not cover significant peculiarities of the Soviet economy.
