What is Job Order Costing
Job Order Costing: A technique of cost accounting which accrued costs for individual jobs or lots. A job might be a service or manufactured item, like the repair of tools or the treatment of a patient in the hospital.
Briefly describe the main purpose of the business?
A) A partnership may be formed either expressly or impliedly, and in each case all the circumstances should be examined in order to ascertain: The intention of the parties; Whether there has been a
Write down a short note on the benefit of economic in accounting management information?
Identify and evaluate the strategic options in brief?
Why you want to be an accountant? Normal 0 false
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
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What do you mean by the term key performance indicators or KPI? Explain in brief?
The final payment in a partially amortized loan. The balloon payment repay the entire remaining principal and is usually larger than previous payments on the loan. Loan that is set up with balloon payments allow the borrower to make the purchase and have a lower payme
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