English translation: commercial arithmetic/cost calculation/cost accounting
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Explanation: Cost calculation is often part of commercial arithmetic - which covers at least all the required 'basic calculations'.
Cost calculation in itself is just that...calculating costs. Although it is just one subject, there are many 'types of costs' you can calculate...so you can spend a long time on it :-)
Cost accounting is a part of book-keeping and covers the booking and analysis of different costs.
Definition that form of arithmetic which is used in business bookkeeping, transactions and operations
Reference International Business Dict.,1974,Kluwer-Deventer
(1)
TERM commercial arithmetic
Reference International Business Dict.,1974,Kluwer-Deventer;EUROPEAN SCHOOL ADMINISTRATION;BTB
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Bedrijfscalculatie:
Definition average cost values for services are derived from actual experienced past costs
Reference Dict.Public Transport,Alba 1981
(1)
TERM cost calculation
Reference Dict.Public Transport,Alba 1981
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Cost accounting
Definition the branch of accounting dealing with the determination of the elements of cost arising from and affecting the results of the various activities of a business
Reference Internat.Account.Lex,UEC-Group Accounts
(2)
TERM cost accounting
Reference Capital Market Terminology,C.Kissas,1990;Vocabulary of the budget of the EC,SdT/202/92;Internat.Account.Lex,UEC-Group Accounts
I'll give you points for effort but what I was really asking for is the difference in content of these subjects as they are taught in high school and advanced professional courses. 2 KudoZ points were awarded for this answer
There is no difference - no matter where you take these courses. The subjects stay the same, the working methods are the same. The only thing that may vary is that adults are expected to learn things faster...
Explanation: Cost calculation is often part of commercial arithmetic - which covers at least all the required 'basic calculations'.
Cost calculation in itself is just that...calculating costs. Although it is just one subject, there are many 'types of costs' you can calculate...so you can spend a long time on it :-)
Cost accounting is a part of book-keeping and covers the booking and analysis of different costs.
Definition that form of arithmetic which is used in business bookkeeping, transactions and operations
Reference International Business Dict.,1974,Kluwer-Deventer
(1)
TERM commercial arithmetic
Reference International Business Dict.,1974,Kluwer-Deventer;EUROPEAN SCHOOL ADMINISTRATION;BTB
==============
Bedrijfscalculatie:
Definition average cost values for services are derived from actual experienced past costs
Reference Dict.Public Transport,Alba 1981
(1)
TERM cost calculation
Reference Dict.Public Transport,Alba 1981
=========================
Cost accounting
Definition the branch of accounting dealing with the determination of the elements of cost arising from and affecting the results of the various activities of a business
Reference Internat.Account.Lex,UEC-Group Accounts
(2)
TERM cost accounting
Reference Capital Market Terminology,C.Kissas,1990;Vocabulary of the budget of the EC,SdT/202/92;Internat.Account.Lex,UEC-Group Accounts
Isabel Hohneck Germany Local time: 07:25 Specializes in field Native speaker of: German PRO pts in category: 2
Grading comment
I'll give you points for effort but what I was really asking for is the difference in content of these subjects as they are taught in high school and advanced professional courses.