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.
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
What do you mean by the term key performance indicators or KPI? Explain in brief?
Briefly list out the main users of the accounting information which are related to the business?
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
How have you observed the regulations which affect both your industry and your accounting place?
discuss the limitations of human relations approaches to management
Opportunity Cost: The value of the substitutes foregone by approving a particular strategy or utilizing resources in a particular manner. Al so termed as Alternative Cost or Economic Cost.
What are Arrears? And what are the conditions to make Arrears?
Cost: The monetary value of resources employed or liabilities or sacrificed incurred to attain an objective, such as to obtain or make a good or to execute an activity or service.
18,76,764
1954075 Asked
3,689
Active Tutors
1421072
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!