Classification of production costs (works, services)

The heterogeneity of the costs included in the cost of production, by composition, economic purpose, role in the manufacture and sale of products causes the need for their classification. It is important for improving accounting, planning, identifying ways and reserves to reduce the cost of production. Grouping of costs by economic elements is made on […]

The essence of MRI and the factors of its development

Economic cooperation between people began to develop about 10 thousand years ago. Surplus manufactured products were exchanged first by neighboring tribes, individual families and individuals, and then by states. Merchant caravans crossed deserts, and merchant ships ploughed the seas and oceans, paving solid ways of economic interaction between distant states. These were the first attempts […]