Provision of management accounting information
What do you mean by the term provision of management accounting information?
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Provision of management accounting information can be much costly; though, the costs are frequently difficult to quantify. Direct, out-of-pocket costs like salaries of accounting staff are not really a dilemma to put a price on; however such are just part of the total costs included. There are as well less direct costs like the costs of the manager’s time spent on analyzing and interpreting the information in reports.
Trust Accounting: It is the "accounting of each and every item of income and expenditures which are employed to find out the amount that certain beneficiaries will obtain from the trust each year." Actually, it is equivalent to all the revenues receiv
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
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.
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
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A form of long-term debt that appears in the liabilities section of the balance sheet. A company sells bond as a way to borrow large amount of cash. The buyer pays for the bond and receives regular interest payment, annually or semiannually, for the duration of
The final payment in a partially amortized loan. The balloon payment repay the entire remaining principal and is usually larger than previous payments on the loan. Loan that is set up with balloon payments allow the borrower to make the purchase and have a lower payme
Why most of the larger businesses are not managed as the single unit through one manager?
A defined time period in accounting for stock options. In the mean while the blackout period person granted the option is not allowed to exercise it. This usually occurs after the granting of the stock options and allows the price of the stock to increase above the exercise price. <
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