What is Service
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
Responsibility Center: It is an organizational unit headed by the manager or a group of managers who are responsible for its actions. The responsibility centers can be measured as revenue centers (that is responsible for revenue or sa
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Liability of partners: A) Under contract law: Liability is joint only (collectively); The creditor has only one right of action (except in NSW, where liability is now joint and several).
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Write down a short note on the benefit of economic in accounting management information?
Describe Provisional Entries?
Write a short note on the main working areas of the Routing and personnel department?
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
What do you mean by the term Reliability which is accounting information?
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