Illustrate the general role of accounting
Briefly illustrate the general role of accounting?
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The general role of accounting that is to assist people in making informed business decisions. All forms of accounting, comprising management accounting, are mainly concerned with collecting and analyzing financial information and then communicating this information to such making decisions.
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
Write down a short note on the Allocating resources in decision making process?
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. Q : Classification of costs with examples describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Write down a short note on the major tasks of board that runs the organization?
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Write down a short note on the Performance evaluation and control in decision making process?
Why you want to be an accountant? Normal 0 false
What do you mean by the term balancing risk and return? Explain in brief?
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