Understandability-Accounting information
What do you mean by the term Understandability which is accounting information?
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Understandability: Management accounting reports must be stated as clearly as possible and must be understood by such managers at whom the information is mainly aimed.
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
Write a brief note on the things which Strengths comprises?
Performance Measurement: A means of computing effectiveness, efficiency, and outcomes. A balanced performance measurement score-card comprises financial and non-financial measures focusing on the quality, cycle-time, and price. The performance measure
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A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
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
How to make a VAT entry in books including set off?
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
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