cost accounting

Using true cost accounting as a guide, policymakers could reallocate some of these vast sums of money toward production methods that deliver net-positive benefits, such as expanding organic agriculture, agroforestry and sustainable fisheries.

If you company cannot control the financial dealings of that second company, then the cost accounting method is a better choice.

Once you have that completed, you will apply your preferred cost accounting method to those classifications.

This could hypothetically happen through public subsidies and stricter production standards linked to receipt of government funds, or a true cost accounting formula that took into account all the externalities of feed production.

“The way the bill was written effectively asks you to do cost accounting for every repair. The administrative expense of that is more than the repair,” Flynn said.