- This topic has 1 reply, 2 voices, and was last updated 3 months ago by
John Moffat.
John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
johnbriane
- Topics: 146
- Replies: 147
- ☆☆☆
According to the f9 notes
The definition For direct cost is
Direct costs are those costs directly related to the investment
e.g ( the new machine will incur running costs of $10000 per annum )
But according to management accounting is the above definition for direct costs correct ?
John Moffat
- Topics: 57
- Replies: 49602
- ☆☆☆☆☆
But Paper FM (not F9) is not management accounting – it is financial management which is not the same. Direct costs in management accounting are concerned with the direct costs of production. Direct costs in financial management are the costs directly resulting from a new investment.
johnbriane
John MoffatViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.