Define Full Cost
Full Cost: The sum of all costs needed by a cost object comprising the costs of activities executed by other entities in spite of of funding sources.
Write a short note on why wealth creation is a longer-term concept?
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Outputs: Any product or service formed from the consumption of resources. This can comprise information or paper work produced by the completion of the tasks of an activity.
Unit Cost: The cost of a chosen unit of a good or service. Illustrations comprise dollar cost perton, machine hour, labor hour, and department hour.
Normal 0
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
Briefly illustrate the general role of accounting?
How to make a VAT entry in books including set off?
Liability of partners: A) Under contract law: Liability is joint only (collectively); The creditor has only one right of action (except in NSW, where liability is now joint and several).
Write a short note on the changing responsibilities of the management accountant?
18,76,764
1943297 Asked
3,689
Active Tutors
1451351
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!