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.
Write down a short note on the benefit of economic in accounting management information?
Cost Accounting: The Cost accounting is an approach to evaluate the overall costs which are related with conducting business. It is generally based on standard accounting practices, cost accounting is one of the tools which managers u
Briefly list out the main users of the accounting information which are related to the business?
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
Investor Relations: A department, exist in most medium to big public companies, which gives investors with a precise account of the company's affairs. This aids investors to make informed sell or buy decisions. Inv
What are the various factors which occurred due to the changing business landscape?
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
ACCOUNTING CONCEPTS: Presented below are basic accounting principles or concepts, with which hospital managers should be familiar and that they should understand i
Write down the different techniques employed to liberate the function of management accounting?
Write a short note on why wealth creation is a longer-term concept?
18,76,764
1935513 Asked
3,689
Active Tutors
1426705
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!