Benefit of economic in accounting management information
Write down a short note on the benefit of economic in accounting management information?
Expert
The economic advantages of having management accounting information are even harder to evaluate. This is possible to exert some science to the problem of weighing the costs and advantages; however a lot of subjective judgment is probable to be included. Whilst no one would fatally advocate that the typical business must generate no management accounting information, at similar time, no one would advocate that each and every item of information which could be seen as possessing one or more of the key features must be generated, irrespective of the cost of generating it.
What does the difference between management accounting and financial accounting suggest?
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future
Describe the status of partnership from an accounting point of view? Answer: From an accounting point of view, partnership is a separate business entity. From legal
Write some main features of partnership? Answer: Essential elements or major features of Partnership are as follows: A) Two or m
Unfocused Books is a discount retail bookshop that has three departments: fiction, non-fiction and children’s books. Sales and cost of sales for each department are shown below. In addition, each department has its own fixed costs for staffing and takes a one-third share of rental and management cos
Briefly describe the main purpose of the business?
What are the various features of the management accounting information system?
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
What are Arrears? And what are the conditions to make Arrears?
18,76,764
1936990 Asked
3,689
Active Tutors
1452517
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!