functions
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
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An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
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 the different techniques employed to liberate the function of management accounting?
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Cost Assignment: A procedure which identifies costs with activities, outputs, or another cost objects. In a wide sense, costs can be assigned to activities, processes, products, organizational divisions, and services. There are three
Write down a brief note on the illustrations of unethical and unacceptable actions?
Profit or Loss (P&L) Analysis: A financial statement which summarizes the revenues, costs and expenses acquired during a particular period of time - in general a fiscal quarter or year. Such records give information which exhibits the capability o
What do you mean by the term key performance indicators or KPI? Explain in brief?
Full-Absorption Costing: It is a technique of costing that assigns (or absorbs) all labor, material, and service or manufacturing facilities and support costs to products or another cost objects. The costs assigned comprise those which do and do not d
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