... organizations and users of cost information Scope Of Standards 23 This statement contains managerial cost concepts and five standards for the federal government The five standards address the following ... budgetary accounting 14 Statement of Federal Financial Accounting Concepts No 1, Objectives of Federal Financial Reporting, par 1 74 15 Ibid., pars 23, 25, and par 75 16 The types of general purpose and ... Decisions 13 Managerial Cost Accounting Concepts 13 Managerial Cost Accounting Standards 20 Requirement for Cost Accounting 20 Responsibility Segments 23 Full Cost 26 Inter-Entity Costs 31 Costing...