Key elements of the Shell’s ethical code
What are the key elements of the Shell’s ethical code? Describe in brief?
Expert
The main elements of this code are that such individuals must:
a) Adhere to the utmost standards of honesty, truthfulness and fairness, whilst sustaining a work climate which fosters such standards.
b) Comply with any codes of conduct or rules regarding dealing in securities.
c) Avoid participation in any decisions which could include a conflict of interest.
d) Avoid any financial interest in contracts awarded through the company.
What does the difference between management accounting and financial accounting suggest?
Cost: The monetary value of resources employed or liabilities or sacrificed incurred to attain an objective, such as to obtain or make a good or to execute an activity or service.
Why you want to be an accountant? Normal 0 false
Normal 0
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
What do you mean by the term Comparability which is accounting information?
Write down the different techniques employed to liberate the function of management accounting?
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
Write down a short note on determining costs and benefits in decision making process?
Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
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