COSTA meaning in Governmental ?

Answer: What is Cost Accounting mean?

Cost accounting is defined as "a systematic set of procedures for recording and reporting measurements of the cost of manufacturing goods and performing services in the aggregate and in detail. It includes methods for recognizing, classifying, allocating, aggregating and reporting such costs and comparing them with standard costs." (IMA) Often considered a subset of managerial accounting, its end goal is to advise the management on how to optimize business practices and processes based on cost efficiency and capability. Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future.

Cost accounting information is also commonly used in financial accounting, but its primary function is for use by managers to facilitate their decision-making.

reference

Full Form	Category
Committee on Space Technology Applications	Computing
Speech Speech	General
Get connected	General
Circle of Support for Teens and Adults	General
Contribution Optimizing Sales Territory Alignment	General
Connecticut School Transportation Association	General
Cost Accounting	Governmental