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The role of ethics in the development of cost accounting

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If cost accounting serves internal purposes more than external, why do ethics matter in the development of the system?

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This solution explains the importance of ethics in cost accounting

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Since cost accounting is used as a managerial accounting activity to facilitate internal decision making according to the evaluation and interpretations of reports, managers need to make fair judgments. If managers behave unethically and make poor ...

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Umut Oltulu, MBA
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  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
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