In this publication I will continue to expand content on cost accounting, remember that cost accounting generates information for internal and external use, and has to do with the determination of the cost of a specific product or activity.
We can then say that cost accounting allows to deduce the value of the product produced, taking into account all the elements that directly or indirectly influence or intervene in the production of the product.
Additionally, it facilitates the control and inventory of raw materials and finished products, facilitating the efficient use of materials and comparing prices.
The cost is an outlay made for the manufacture of a product or the provision of a service, in this respect the cash outlay that is made to acquire goods and services to be used for the production of other products, these can be grouped in different ways in order to control and investigate its accuracy.
In summary, cost is understood as the sum of the expenditures incurred by a person for the acquisition of a good or service, with the intention of generating an income in the future, i.e. it is a sacrifice of resources that is allocated to achieve a specific objective.
Transformational leadership and contextual performance
are the main factors that most influence organizational culture.