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.
An income statement item that represents the difference between the actual cash amount and an accounting measure of how much cash there should be. The most common example exists in a retail situation where the cash in the cash register is compared to the register tape
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.
Limited partnerships: Limited partnerships are an alternative to limited liability companies because of their simplicity. All the states encompass passed limited partnership legislation.A limited partn
Briefly list out the main users of the accounting information which are related to the business?
Activity Analysis: The identification and explanation of activities in an association. The activity analysis comprises determining what activities are completed within a department and how many people execute the activities, how much
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
Write down a brief note on the illustrations of unethical and unacceptable actions?
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.
Support Costs: Costs of activities are not directly related with the production. Typical illustrations are the costs of automation support, postage, communications, process engineering, and purchasing.
What do you mean by the term Understandability which is accounting information?
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