Cost Type Information – Efficiency Result of Information provided by Management Accounting
Cost Type Information – Efficiency Result of Information provided by Management Accounting
Author(s): Marius-Nicolae MiculescuSubject(s): Economy
Published by: Fundatia Română pentru Inteligenta Afacerii
Keywords: Efficiency; Cost information system; Managerial accounting; Control
Summary/Abstract: Any economic activity is mainly aimed at obtaining the highest possible efficiency. However, the level of profitability of an organization is influenced by a number of factors and being aware of these factors is particularly important for the efficient targeting of the organizational activities. As the prerequisites to achieve a high return are primarily the low production cost, our focus should be directed towards multilateral knowledge of the cost.
Journal: SEA – Practical Application of Science
- Issue Year: I/2013
- Issue No: 01
- Page Range: 114-119
- Page Count: 6
- Language: English