Write 10 pages thesis on the topic costing methods commonly used in accounting. The accountants who generate cost accounting information by employing costing methods provide valuable information to the managers which if employed on decision making would actually steer the organization through greater heights due to improved management and leadership style. The success of any organization depends on the better, effective, and efficient decisions made, and this evident and reflected only through the performance of the organization regardless of the type of organization. The cost accounting system and costing methods are because of the decisions made by the managers of an organization and the organizational environment created in the process of operation (Pinto 2010).
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