Balancing risk and return
What do you mean by the term balancing risk and return? Explain in brief?
Expert
All decision making process comprises the future. We can just make decisions regarding the future; no matter how much we might regret it, we can’t modify the past. Business decision making is no exception to this common rule. There is just one thing certain regarding the future, which is that we can’t be sure what is going to occur. At times we might be capable to predict with confidence that what really takes place will be one of a limited range of the possibilities.
What are the possible broad regions of decision making process where management accounting information is required?
Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added
Opportunity Cost: The value of the substitutes foregone by approving a particular strategy or utilizing resources in a particular manner. Al so termed as Alternative Cost or Economic Cost.
What are the various factors which occurred due to the changing business landscape?
What do you mean by the term relevance which is accounting information?
BUSINESS PROFILES:Go to the following webpage by clicking on the link or by copying and pasting the URL into your web browser:After opening the link, you will see a small cover page of the West Newsmagazine’s publication titled “Business Profiles&rdq
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
List the items that might appear on the debit side and credit side of a partner's fluctuating capital account. Answer: On debit side: Drawing, interest on drawing, c
What does the difference between management accounting and financial accounting suggest?
State some contents of a partnership deed. Answer: A) Name of the firm.B) Name and complete address of the Partners.C) The date of formation and period of Partnership.D) Ratio in which gain or loss
18,76,764
1941422 Asked
3,689
Active Tutors
1432862
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!