What is another word for full cost accounting?
Pronunciation: [fˈʊl kˈɒst ɐkˈa͡ʊntɪŋ] (IPA) 
Full cost accounting refers to a method of accounting that aims to capture all of the costs associated with the production of goods or services. This approach considers not just direct costs, such as materials and labor, but also indirect costs, such as overhead and environmental impact. Synonyms for full cost accounting include true cost accounting, total cost accounting, holistic accounting, and sustainability accounting. Each of these terms emphasizes the importance of taking a comprehensive view of costs and their impact on society and the environment. By adopting these accounting practices, companies can make more informed decisions and create a more sustainable future.
