Define Support Costs
Support Costs: Costs of activities are not directly related with the production. Typical illustrations are the costs of automation support, postage, communications, process engineering, and purchasing.
What do you mean by the term Reliability which is accounting information?
What do you mean by the term key performance indicators or KPI? Explain in brief?
What are the various factors which occurred due to the changing business landscape?
Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
Value-Added Activity: An activity which is judged to contribute to customer value or gratify an organizational requirement. The characteristic "value-added" reflects a belief that the activity can’t be removed without decreasing
Write down a short note on the Allocating resources in decision making process?
The increase in value that the owner of a capital asset receives when the asset is sold. The owner pays tax on that gain or increases, at a lower rate if the assets that are sold are capital asset, such as factory buildings, rather than assets that are sold in the nor
Variable Cost: A cost which differs with changes in the level of an activity, whenever the other factors are held constant. The cost of material treating to an activity, for illustration, differs according to the number of material de
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future
18,76,764
1925352 Asked
3,689
Active Tutors
1458019
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!