Techniques to liberate the function of management accounting
Write down the different techniques employed to liberate the function of management accounting?
Expert
The technique employed to liberate the function of management accounting:
i) Marginal Costing ii) Budgetary Control iii) Standard Costing iv) Uniform Costing
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.
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
Briefly list out the main users of the accounting information which are related to the business?
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Choose the right answer from following. Which one did not contribute to the large Federal budget deficits in the year of 2002 and 2003? A) spending on the wars in Afghanistan and Iraq. B) low interest rates. C) Federal tax cuts. D) the recession of 2001 and its afterm
Cost or Benefit Analysis: The Cost-benefit analysis (abbreviated as CBA) is an analytical device for assessing and pros and cons of moving forward with the business proposal. It is a process by which business decis
Why most of the larger businesses are not managed as the single unit through one manager?
Briefly illustrate the general role of accounting?
What are the key elements of the Shell’s ethical code? Describe in brief?
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
18,76,764
1947167 Asked
3,689
Active Tutors
1434156
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!