Define Expense
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future periods.
Value-Added Activity: An activity which is judged to contribute to customer value or gratify an organizational requirement. The characteristic "value-added" reflects a belief that the activity can’t be removed without decreasing
Write down a short note on the benefit of economic in accounting management information?
What do you mean by the term reaping the benefits of IT? Explain n brief?
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Write down a short note on the Performance evaluation and control in decision making process?
What are the various Calls in Arrears? Describe it.
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
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Refer to the below data. A budget surplus occurred in year: A) 2. B) 3. C) 4. D) 6. Provide solution of th
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