What is Uncontrollable Cost
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Write some main features of partnership? Answer: Essential elements or major features of Partnership are as follows: A) Two or m
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
Write a short note on the main working areas of the Finance department?
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
What do you understand by the terms partners, firm and firms name? Answer: The persons who have entered into a Partnership with each other are individually termed 'P
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).
What does the difference between management accounting and financial accounting suggest?
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
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
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