Type of accounting, which reports financial and non-financial data about cost of material and acquiring of resources is classified as

Solution (By Examveda Team)

Type of accounting, which reports financial and non-financial data about cost of material and acquiring of resources is classified as cost accounting. Cost accounting is a form of managerial accounting that aims to capture a company's total cost of production by assessing the variable costs of each step of production as well as fixed costs, such as a lease expense.