Define Common Cost
Common Cost: It is the cost of resources used jointly in the production of two or more outputs and the cost can’t be directly traced to any one of those outcomes.
Write a short note on selecting strategic options and formulating the plans?
Cash Management: Cash Management is the management of cash balances of a concern in such a way as to maximize the accessibility of cash not invested in inventories or fixed assets and to ignore the risk of insolvency. According to Keynes there are thr
What do you mean by the term key performance indicators or KPI? Explain in brief?
A plan for the cash coming into and going out of a business. Based on the sale forecast, the timing and amounts of cash receipts. Based on forecast of resources necessary to meet the sale forecast, management budgets the cash disbursements. This proc
Briefly define how useful is the management accounting information is?
Write down a short note on the Performance evaluation and control in decision making process?
Write down a short note on determining costs and benefits in decision making process?
Write down the different techniques employed to liberate the function of management accounting?
Normal 0
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
18,76,764
1940679 Asked
3,689
Active Tutors
1453663
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!