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Regular typical costing should comply with usually approved accounting principles (GAAP US) and actually aligns by itself extra with answering economic accounting necessities rather then furnishing answers for management accountants. Classic techniques limit them selves by defining cost actions only with regard to generation or profits volume.
The origins of GPK Web Site are credited to Hans Georg Plaut, an automotive engineer, and Wolfgang Kilger, an academic, Functioning in direction of the mutual target of figuring out and offering a sustained methodology meant to appropriate and enhance cost accounting details.
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