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.
Write down a short note on the Performance evaluation and control in decision making process?
Write down a short note on determining costs and benefits in decision making process?
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
Inter-Entity: A term meaning between or among distinct federal reporting entities. It generally refers to the activities or costs among two or more agencies, bureaus or departments.
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
Write down a short note on the influence of manager’s behavior in management accounting information?
Write a short note on why wealth creation is a longer-term concept?
What do you mean by the term changing business landscape?
ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Key areas which business objectives Write a short note on the key areas which business objectives want to achieve?
Write a short note on the key areas which business objectives want to achieve?
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