What is the relationship between cost accounting and financial accounting?
a) Both use the same database but in different ways.
b) Financial acco...
What is the relationship between cost accounting and financial accounting?
a) Both use the same database but in different ways. b) Financial accounting produces accounting information for the company as a whole, while cost accounting provides non-standardized information tailored to the company's needs. c) Cost accounting provides information to financial accounting related to manufacturing cost/acquisition cost and/or consumption of resources by the organization. d) All of the above.