Define Activity
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
A) A partnership may be formed either expressly or impliedly, and in each case all the circumstances should be examined in order to ascertain: The intention of the parties; Whether there has been a
Give circumstances in which the fixed capital of partners might change. Answer: Two circumstances in which the fixed capital of Partners might change are as follows:
Full-Absorption Costing: It is a technique of costing that assigns (or absorbs) all labor, material, and service or manufacturing facilities and support costs to products or another cost objects. The costs assigned comprise those which do and do not d
What do you mean by the term SWOT analysis? Explain in brief?
A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
What is the various information that a manager need to make a decision?
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