Influence of lack of partnership deed
Describe the provision of 'Indian partnership Act 1932‘concerning sharing of profits in lack of any provision in partnership deed. Answer: In the lack of any provision in the Partnership deed, gain or losses are share by Partners uniformly.
Describe the provision of 'Indian partnership Act 1932‘concerning sharing of profits in lack of any provision in partnership deed.
Answer: In the lack of any provision in the Partnership deed, gain or losses are share by Partners uniformly.
What do you mean by the term key performance indicators or KPI? Explain in brief?
Responsibility Center: It is an organizational unit headed by the manager or a group of managers who are responsible for its actions. The responsibility centers can be measured as revenue centers (that is responsible for revenue or sa
What are the Insurance premium in Arrears?
Cost Accounting Practice: Any disclosed or recognized accounting process or technique that is used for the measurement of cost, assignment of cost to cost objects and assignment of cost to accounting periods.
Write a short note on selecting strategic options and formulating the plans?
Normal 0
Cost Allocation: This is a technique of assigning costs to activities, outputs, or other cost objects. The allocation base employed to assign a cost to objects is not essentially the cause of the cost. For illustration, assigning the
Describe fluctuating capital of partners? Answer: Partner‘s capital is stated to be fluctuating if capital modifies with every transaction in the capital accou
Write down a short note on the benefit of economic in accounting management information?
Write down a short note on the Performance evaluation and control in decision making process?
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