1 These braces have a metal bracket with elastic (rubber band) ties holding the wire onto the metal brackets. 2  The second most common type of braces are self-ligating braces that do not require the need of elastic ties. 3  Instead, the wire goes through the bracket.
Cost accounting is a process of collecting, analyzing, summarizing and evaluating various alternative courses of action. Its goal is to advise the management on the most appropriate course of action based on the cost efficiency and capability.Cost accounting provides the detailed cost information that management needs to control current operations and plan for the future. In financial accounting, cost classification based on type of transactions, e.g. salaries, repairs, insurance, stores etc. 2  In cost accounting, classification is basically on the basis of functions, activities, products, process and on internal planning and control and information needs of the organization.
Tax Accounting. This is the collection of data to meet rules set by Congress and enforced by the Internal Revenue Service (IRS). Fund Accounting. An accounting system designed to provide governance information for government agencies and not-for-profit organizations. Cost Accounting. This aspect of cost accounting is to comply with rules set by the Federal government for government contractors. Rules set by the Cost Accounting Standards Board (CASB).