Aging of Accounts
What are Aging of Accounts? Briefly illustrate it.
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Aging of Accounts: Aging of accounts is the method to categorize accounts according to billing or due date. In this categorization, we get the idea to whom, we have to get first and to whom, we have to reimburse first.
Cost Driver: Any factor which causes a modification in the cost of an action or output. For illustration, the quality of portions received by an activity, or the degree of complexity of tax returns to be evaluated by the IRS.
What are the various factors which occurred due to the changing business landscape?
Cost Object (also referred to as Cost Objective): It is an activity, item, or output whose cost is to be computed. In a wide sense, a cost object can be an organizational division, task, a function, product, service, or a customer.
Write a short note on the changing responsibilities of the management accountant?
The first section of the statement of cash-flow. Cash flows from operating activities include transactions (involving cash) that relate to the normal busi- ness activities of the entity. Cash-flows in this section usually involve cash and other current asset or curren
The rights of each partner: Under the Partnership Act, partners have the right to: Share equally in profits and losses; Indemnity; Interest on advances; Interest on capital; Share in management of
Cost Assignment: A procedure which identifies costs with activities, outputs, or another cost objects. In a wide sense, costs can be assigned to activities, processes, products, organizational divisions, and services. There are three
Write a brief note on the things which Opportunities comprises?
The U.S. market for rice is illustrated below. The world pric
Identify and evaluate the strategic options in brief?
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