Senior Accountant Question:

Download Job Interview Questions and Answers PDF

Explain what is the difference of Cost Accounting and Financial Accounting?

Senior Accountant Interview Question
Senior Accountant Interview Question

Answer:

Financial accounting encompasses all account presented on the face of the financial statement, its presentation, recognition, measurement and disclosures. Where as cost accounting is only focused on the cost of inventory.

Download Senior Accountant Interview Questions And Answers PDF

Previous QuestionNext Question
Give us some examples of the accounting reports you have prepared?Tell me why do users of accounting Information need accounting information?