Direct costing
OA Version
Citation
Abstract
Accounting as a profession has made outstanding progress up
through the mid-years of the century. Notwithstanding that it has
grown from historical record-keeping to a functional position indispensable
in the conduct of business, today1s era of accelerated technological
achievement and industrial expansion places continued
challenging demands for accounting research leading to still more
valuable contributions. An examination of accounting association, publications provides ample evidence of professional interest in such research. From the matrix of accounting self appraisal, dissatisfaction,
investigation and trial, there have been many business oriented
concepts or techniques generated which have found their way
into acceptable accounting procedure. One that is in such transition
today is direct costing.
In past years accounting techniques have become increasingly
complex, obscuring simple cost, volume, and profit relationships.
Meanwhile, the tremendous technological strides in industry have
resulted in the placement of many engineers, scientists, and other
non-financially trained persons in top management positions. As a
result of these trends, many of today 1s executives do not fully
understand accounting methods and the resultant information which
comprise some of their tools for decision-making. The need exists
for accounting systems which are simple and show fundamental relationships
readily. Direct costing fulfills these requirements.
Description
Thesis (M.B.A.)--Boston University
License
Based on investigation of the BU Libraries' staff, this work is free of known copyright restrictions.