Explore BrainMass

Explore BrainMass

    The role of ethics in the development of cost accounting

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

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

    © BrainMass Inc. brainmass.com June 3, 2020, 9:35 pm ad1c9bdddf

    Solution Preview

    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 ...

    Solution Summary

    This solution explains the importance of ethics in cost accounting