Key performance indicators or KPI
What do you mean by the term key performance indicators or KPI? Explain in brief?
Expert
Key performance indicators or KPIs: These comprise the traditional financial measures like return on capital used. KPIs now, though, usually comprise a significant proportion of non-financial indicators to aid assess the prospects of long-term success. To assist decision making, the management accountant has rousingly shouldered responsibility for reporting the non-financial measures concerning quality, product innovation, product cycle times, delivery times and so forth.
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.
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 : Assigning Support cost What are various What are various methods to assign support cost?
What are various methods to assign support cost?
Give reasons in favor of having a partnership deed. Answer: A) In situation of any dispute or doubt, Partnership deed is the gui
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
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
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.
Normal 0
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
18,76,764
1935785 Asked
3,689
Active Tutors
1451184
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!