What is Controllable Cost
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.
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
Write down a short note on the major tasks of board that runs the organization?
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
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
Write a short note on selecting strategic options and formulating the plans?
How have you observed the regulations which affect both your industry and your accounting place?
What is the various information that a manager need to make a decision?
What do you mean by the term relevance which is accounting information?
Product: Any traceable, discrete, or measurable good or service given to a customer. Frequently goods are termed to as tangible products, and services are termed to as intangible products. A good or service is the product result of a procedure resulta
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