Techniques to liberate the function of management accounting
Write down the different techniques employed to liberate the function of management accounting?
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The technique employed to liberate the function of management accounting:
i) Marginal Costing ii) Budgetary Control iii) Standard Costing iv) Uniform Costing
Unfocused Books is a discount retail bookshop that has three departments: fiction, non-fiction and children’s books. Sales and cost of sales for each department are shown below. In addition, each department has its own fixed costs for staffing and takes a one-third share of rental and management cos
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Controllable Cost: A cost which can be influenced by the action of responsible manager. The word always refers to a particular manager as all costs are controllable by somebody.
discuss the limitations of human relations approaches to management
How to make a VAT entry in books including set off?
The duties of each partner: The partners are beneath a fiduciary duty towards one another to: Render true accounts; Account for private gains; and Refrain from competition with the partnership firm.
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
1. Contribution After Marketing Assume that the sales forecast for brand TOJO is 160,000 units, and that you expect to sell 50% of these units through mass merchandisers,
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
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