Difference between expenses and expenditure, Cost Accounting

The difference among expenses and expenditure.

Expense is the outflow from a profit oriented organization whereas expenditure is the outflow from non-profit organization.

 

Posted Date: 4/1/2013 2:18:40 AM | Location : United States







Related Discussions:- Difference between expenses and expenditure, Assignment Help, Ask Question on Difference between expenses and expenditure, Get Answer, Expert's Help, Difference between expenses and expenditure Discussions

Write discussion on Difference between expenses and expenditure
Your posts are moderated
Related Questions
Standards in Standard Costing 1) The type of standard utilized basic, attainable, ideal, current directly affects the level of the variances that can arise, and the meaning th

Outline of an ABC System An ABC costing system operates like given: Step 1 Find out an organization's major activities. Step 2 Find out the factors that identi

Purposes of Overhead Cost Analysis There are a number of situations whether the analysis of overhead costs will assist in the satisfactory evaluation of the relevant cost data

At the beginning of 2010, Mirror Corporation, had undepreciated capital cost (UCC) of $1,575,000 in asset Class 38 with a CCA rate of 30%. On April 15, 2010, Mirror sold an asset t

Managers need financial information to help them make decisions, communicate important information about their organization, and demonstrate fiscal responsibility to stakeholders.

cost accounting as a descriptive/analytical discipline


Advantages and Disadvantages of Uniform Costing Advantages 1. It enables costs to be compared simply 2. It makes it easier to computerize the accounting system of d

Each unit of a product requires four components. The average number of components is 4.25 due to component failure. Purchasing higher quality components can reduce the average numb

list and discus the problem encountered in adopting profit as a yardstick in measuring performance