functions
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
Estimated Cost: The procedure of projecting a future outcome in terms of cost, based on information accessible at the time. The estimated costs, instead of actual costs, are at times the basis for credits to work-in-process accounts a
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 a short note on the main working areas of the Marketing department?
Briefly list out the main users of the accounting information which are related to the business?
Select the right answer of the question. If the economy has a standardized budget surplus, it means that: A) the public sector is exerting an expansionary impact on the economy. B) tax revenues would exceed government expenditures if full employment were achieved. C)
discuss the limitations of human relations approaches to management
Write a short note on the relationship between risk and return?
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
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