Things which Strengths comprises
Write a brief note on the things which Strengths comprises?
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The Strengths could comprise such things like:
a) Strong, well-recognized brand name.b) Modern fleet of aircraft needing less maintenance.c) Reliable customer service regarding punctuality and loss of baggage.d) Internet booking facility employed by virtually all passengers that decreases the costs of administration.
Explain Management accounting as an information system in brief?
What are the possible broad regions of decision making process where management accounting information is required?
Cost Driver: Any factor which causes a modification in the cost of an action or output. For illustration, the quality of portions received by an activity, or the degree of complexity of tax returns to be evaluated by the IRS.
The first section of the statement of cash-flow. Cash flows from operating activities include transactions (involving cash) that relate to the normal busi- ness activities of the entity. Cash-flows in this section usually involve cash and other current asset or curren
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.
What do you mean by the term Reliability which is accounting information?
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
What is the various information that a manager need to make a decision?
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
Responsibility Segment: A noteworthy organizational, functional, operational, or process component that has the characteristics as: (i) Its manager reports to the entity's top management;
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