Define Cost Accounting Practice
Cost Accounting Practice: Any disclosed or recognized accounting process or technique that is used for the measurement of cost, assignment of cost to cost objects and assignment of cost to accounting periods.
State some contents of a partnership deed. Answer: A) Name of the firm.B) Name and complete address of the Partners.C) The date of formation and period of Partnership.D) Ratio in which gain or loss
What do you mean by the term provision of management accounting information?
What is the various information that a manager need to make a decision?
Define Process and Process Costing: Process: The organized process of transforming inputs (that is, people, equipment, techniques, materials, and atmosphere), to outputs (that is, products or servi
The U.S. market for rice is illustrated below. The world pric
Explain the term bank reconciliation statement?
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Q : Insurance premium in Arrears What are What are the Insurance premium in Arrears?
What are the Insurance premium in Arrears?
Briefly illustrate the general role of accounting?
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