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accounting vs cost accounting

cost accounting vs accounting

accounting and cost accounting both are nouns.

Word NounAdjectiveVerbAdverb
accounting Yes No No No
cost accounting Yes No No No
As nouns, cost accounting is a hyponym of accounting; that is, cost accounting is a word with a more specific, narrower meaning than accounting:
  • accounting: the occupation of maintaining and auditing records and preparing financial reports for a business
  • cost accounting: keeping account of the costs of items in production
Other hyponyms of accounting include bookkeeping, clerking, inventory accounting.
accounting (noun) cost accounting (noun)
the occupation of maintaining and auditing records and preparing financial reports for a business keeping account of the costs of items in production
a system that provides quantitative information about finances
a convincing explanation that reveals basic causes
a statement of recent transactions and the resulting balance
a bookkeeper's chronological list of related debits and credits of a business; forms part of a ledger of accounts
Difference between accounting and cost accounting

Words related to "accounting"

Words related to "cost accounting"

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