Define partnership
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
A company has production facilities in several countries. Some of the products they sell are produced in stages (Raw Materials -> Pre-Assembly -> Assembly -> Finished Product) based on the technologies and materials involved (see Table 1). Q : Main purpose of the business Briefly Briefly describe the main purpose of the business?
Briefly describe the main purpose of the business?
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
What do you mean by the term Mission statements? Briefly describe it.
Managerial Cost Accounting System: The organization and processes, whether automated or not, and whether portion of the general ledger or stand-alone, which accumulates and reports constant and trustworthy cost information and perform
Write a short note on the main working areas of the Marketing department?
Cost: The monetary value of resources employed or liabilities or sacrificed incurred to attain an objective, such as to obtain or make a good or to execute an activity or service.
What do you mean by the term provision of management accounting information?
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
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