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.
Fixed Cost: The cost which does not differ in the short term with the volume of action. Fixed cost information is helpful for cost savings by regulating existing capacity, or by removing idle facilities. Also termed as Non-Variable Cost or the Constan
What are the various Calls in Arrears? Describe it.
discuss the limitations of human relations approaches to management
Write a brief note on the things which Strengths comprises?
How have you observed the regulations which affect both your industry and your accounting place?
Why most of the larger businesses are not managed as the single unit through one manager?
Responsibility Center: It is an organizational unit headed by the manager or a group of managers who are responsible for its actions. The responsibility centers can be measured as revenue centers (that is responsible for revenue or sa
Business combination in which the acquiring corporation buys all the assets of the target, recording them at fair market values. The target is absorbed into the acquiring corpora- tion, and has gains on the sales of the assets that appear on its last tax return. In ad
Write some main features of partnership? Answer: Essential elements or major features of Partnership are as follows: A) Two or m
Write a brief note on the things which Threats to business comprises?
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