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Describe the status of partnership from an accounting point of view? Answer: From an accounting point of view, partnership is a separate business entity. From legal
Cost Avoidance: The action taken to decrease future costs, like replacing parts before they fail and cause harm to other portions. Cost avoidance might incur higher (or extra) costs in the short run however the final or life-cycle cost would be lower.
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Write a short note on the relationship between risk and return?
List the items that might appear on the debit side and credit side of a partner's fluctuating capital account. Answer: On debit side: Drawing, interest on drawing, c
Product: Any traceable, discrete, or measurable good or service given to a customer. Frequently goods are termed to as tangible products, and services are termed to as intangible products. A good or service is the product result of a procedure resulta
What are the various modes that the strategic management process can be approached?
Common Cost: It is the cost of resources used jointly in the production of two or more outputs and the cost can’t be directly traced to any one of those outcomes.
A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha
I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
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