Account Analysis Definition:
Account analysis is a method for analyzing cost behaviour in which each account under consideration is classified as either variable or fixed based on the analyst’s prior knowledge of how the cost in the account behaves.
Other Related Accounting Articles:
- Fixed Manufacturing Overhead Cost Released From Inventory Definition
- Full Costing Definition
- Environmental Complexity Definition
- Engineering Approach Definition
- Definition, Explanation and Characteristics of “Depreciation” or “Accounting Depreciation
- Contribution Margin Definition
- Fixed Manufacturing Overhead Cost Deferred in Inventory Definition
- Contribution Approach Definition
- First in First Out-FIFO Method Definition
- Cash Discount Definition