Define Opportunity Cost
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 is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Meaning of Reconstitution: Any alter in agreement of partnership is termed as reconstitution of partnership firm. In following circumstances a partnership firm might be reconstituted: A) Alter in Profit Sharing Rat
Write a brief note on the things which Weaknesses comprises?
Write down the scope of Management accounting?
Capital Budgets: The procedure of finding out which potential long-term projects are value undertaking, by comparing their estimated discounted cash flows with their internal rates of return. Capital Budget is the
Write down a short note on the Allocating resources in decision making process?
Briefly list out the main users of the accounting information which are related to the business?
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
What are various methods to assign support cost?
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