Define Partnership deed
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
Controllable Cost: A cost which can be influenced by the action of responsible manager. The word always refers to a particular manager as all costs are controllable by somebody.
Describe Provisional Entries?
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.
Write down a short note on the Allocating resources in decision making process?
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Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
Cost Accounting: The Cost accounting is an approach to evaluate the overall costs which are related with conducting business. It is generally based on standard accounting practices, cost accounting is one of the tools which managers u
Briefly define the term Strategic management and also state the reason why it is designed?
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