Cost accounting practices has been influenced by all of the following except:

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Cost accounting practices are primarily influenced by factors such as increased competition, technological innovation, and changing organizational environments. These factors drive the need for more detailed and specific cost information to support decision-making. Conformance to Generally Accepted Accounting Principles (GAAP), however, is more relevant to financial accounting rather than cost accounting. Cost accounting focuses on internal cost management and decision-making, and while it may align with GAAP for certain aspects, it is not directly influenced by GAAP standards.

Cost Accounting Practices Has Been Influenced by All of the Following