Explain Process Value Analysis

Process Value Analysis: Tools and methods for studying processes via customer value analysis. Its objective is to recognize opportunities for lasting enhancement in the performance of an association. It offers an in-depth review of work actions and tasks, via activity analysis, that aggregate to form processes for the agency program delivery. In addition to activity-based costing, the quality and cycle time factors are studied for a whole analysis of the performance measurement. Each activity in the procedure is analyzed, comprising whether or not the action adds value for the customer.

View Complete Question

Related Questions in Managerial Accounting

Q : What are Arrears What are Arrears ? And

What are Arrears? And what are the conditions to make Arrears?

Q : Avoidable interest The amount of

The amount of interest that an organization would have avoided if it had not made the expenditures for an asset. Avoidable interest is calculated when an entity is self- constructing an asset. The cost of the asset can include material, labor, and overhead plus some interest. The c

Q : Benefit of economic in accounting

Write down a short note on the benefit of economic in accounting management information?

Q : What is Activity Analysis Activity

Activity Analysis: The identification and explanation of activities in an association. The activity analysis comprises determining what activities are completed within a department and how many people execute the activities, how much

Q : Information that a manager need to make

What is the various information that a manager need to make a decision?

Q : Define Capital Budgets Capital Budgets

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

Q : Define Expense Expense : The Outflow or

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

Q : Capital gain The increase in value that

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

Q : Management accounting as an information

Explain Management accounting as an information system in brief?

Q : Define Job Costing Job Costing : It is

Job Costing: It is an order-specific costing method, utilized in situations where each job is distinct and is executed to the customer's specifications. Job costing includes keeping an account of direct and in-direct costs.

Discover Q & A

Leading Solution Library

Avail More Than 1453601 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1943358
Asked

3,689

Active Tutors

1453601

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment