functions
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Cash Management: Cash Management is the management of cash balances of a concern in such a way as to maximize the accessibility of cash not invested in inventories or fixed assets and to ignore the risk of insolvency. According to Keynes there are thr
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
Describe fluctuating capital of partners? Answer: Partner‘s capital is stated to be fluctuating if capital modifies with every transaction in the capital accou
Briefly define how useful is the management accounting information is?
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 wo
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
The process of testing a new software program using actual data and comparing the results to the alternative soft wares. The alternative can be new software or the organization's existing system. The test should be examined the software's accuracy and efficiency.
Write down a short note on the influence of manager’s behavior in management accounting information?
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
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