Define Actual Cost
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
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
Cost Allocation: This is a technique of assigning costs to activities, outputs, or other cost objects. The allocation base employed to assign a cost to objects is not essentially the cause of the cost. For illustration, assigning the
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
A form of long-term debt that appears in the liabilities section of the balance sheet. A company sells bond as a way to borrow large amount of cash. The buyer pays for the bond and receives regular interest payment, annually or semiannually, for the duration of
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
What do you mean by the term key performance indicators or KPI? Explain in brief?
What are Arrears? And what are the conditions to make Arrears?
What are the various Calls in Arrears? Describe it.
Write down the different techniques employed to liberate the function of management accounting?
Write a short note on the main working areas of the Marketing department?
18,76,764
1950256 Asked
3,689
Active Tutors
1449953
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!