How useful is the management accounting information is
Briefly define how useful is the management accounting information is?
Expert
There are arguments and convincing proof that management accounting information is regarded through managers as being helpful to them. There have been many research surveys which have asked managers to rank the significance of management accounting information, in relation to the other sources of information, for decision-making aims.
The term used in governmental accounting to identify amounts that the governmental unit is authorized to spend for debt repayment, operating activities, and asset acquisition. The appropriations account is a budgetary account that acts as a control account for all budgeted expenditures. More usua
Write down a brief note on the illustrations of unethical and unacceptable actions?
In the deficiency of a partnership deed, how are mutual relations of partners managed? Answer: In the absence of Partnership deed, the mutual relations are managed b
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
Describe fluctuating capital of partners? Answer: Partner‘s capital is stated to be fluctuating if capital modifies with every transaction in the capital accou
What do you mean by the term Reliability which is accounting information?
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
Accounts used in governmental accounting to record the budget amounts but not the actual amount. For example, at the beginning of the accounting period, the planned amount of tax revenue, revenue from license, and inflows from fines would be recorded as one amount in
Responsibility Segment: A noteworthy organizational, functional, operational, or process component that has the characteristics as: (i) Its manager reports to the entity's top management;
Briefly illustrate the general role of accounting?
18,76,764
1934634 Asked
3,689
Active Tutors
1447856
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!