Industry and your accounting place
How have you observed the regulations which affect both your industry and your accounting place?
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Initially I would like to know what the defective conditions the industry faced now are. Subsequent to that make changes to the situation with effective way. When I make the situations efficient, automatically it set the position of accountancy too.
What are the main reasons that the operation of business environment has become ever more turbulent and competitive?
What do you mean by the term Mission statements? Briefly describe it.
Outcome: The outcomes of a program activity as compared to its intended aims. Program outcomes might be computed in terms of service or product quality and quantity, customer satisfaction, and usefulness.
What do you mean by the term relevance which is accounting information?
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
Cost Object (also referred to as Cost Objective): It is an activity, item, or output whose cost is to be computed. In a wide sense, a cost object can be an organizational division, task, a function, product, service, or a customer.
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
What are the possible broad regions of decision making process where management accounting information is required?
According to Martin and Steele (2010, p.13), “The two principal professional associations in Australia – CPA Australia (the CPA) and the Institute of Chartered Accountants in Australia (the Institute) have indicated their awareness of the significance of issues of sustainability reporting and develo
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