O'Reilly logo

Brilliant Accounting by Martin Quinn

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

chapter
Icon

The cost of freedom is high, but Americans have always paid it.

John F. Kennedy

In general language, the word ‘cost’ means many things. The above quote from John F. Kennedy suggests there is a price for freedom. But what is that price is another question. In accounting, the term cost is a little more concrete in that it will have measurable value, i.e. it has a monetary value.

In this chapter you’ll learn some concepts from the management accounting branch of accounting. This branch of accounting is less concerned with the preparation of ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required