CAS a Must for Cost Competitiveness: Evidence from Some Companies
DOI:
https://doi.org/10.33516/maj.v49i8.27-30pAbstract
High net worth companies follow the cost accounting standard and that is why they are able to manage costs better than other companies. To be cost competitive in the market, company should provide delicious quality of products at comparatively lesser cost as compared to other competitors. It will help to amplify the competitive capability of individual firms by taking advantage of obtainable resources efficiently and successfully. An economy like Japan has experienced the evolution of cost accounting standards as a part of the pre and post world war build up of economic revival.Downloads
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