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An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
Write a short note on why wealth creation is a longer-term concept?
What do you mean by the term balancing risk and return? Explain in brief?
Fixed Cost: The cost which does not differ in the short term with the volume of action. Fixed cost information is helpful for cost savings by regulating existing capacity, or by removing idle facilities. Also termed as Non-Variable Cost or the Constan
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
What do you understand by the terms partners, firm and firms name? Answer: The persons who have entered into a Partnership with each other are individually termed 'P
Direct Cost: The cost of resources directly used by an activity. The direct costs are assigned to actions by direct drawing of units of resources used by individual actions. A cost which is particularly recognized with a single cost o
What do you mean by the term provision of management accounting information?
How have you observed the regulations which affect both your industry and your accounting place?
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