A cost accountant has to employee fundamental mathematical techniques for analysis or synthesis, calculating ratios, observation of ascertainment of variance etc. It does not indicate that cost accounting and mathematics are similar. Mathematics means a vast area of knowledge and not only the fundamental arithmetic or algebra.
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Cost accounting and mathematics are two different disciplines, but there is a connection between the two. The purpose of cost accounting is to provide collected and analyzed financial information. Mathematics is also used for financial analysis. For example, mathematics is used to calculate how much profit a person has earned in a year or how much tax is to be paid. Buy Dissertation Online
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