What is Uncontrollable Cost
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Why most of the larger businesses are not managed as the single unit through one manager?
Cost Accounting Practice: Any disclosed or recognized accounting process or technique that is used for the measurement of cost, assignment of cost to cost objects and assignment of cost to accounting periods.
Estimated Cost: The procedure of projecting a future outcome in terms of cost, based on information accessible at the time. The estimated costs, instead of actual costs, are at times the basis for credits to work-in-process accounts a
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 does the difference between management accounting and financial accounting suggest?
Cost Object (also referred to as Cost Objective): It is an activity, item, or output whose cost is to be computed. In a wide sense, a cost object can be an organizational division, task, a function, product, service, or a customer.
Normal 0
Write a short note on the main working areas of the coach maintenance department?
What do you mean by the term key performance indicators or KPI? Explain in brief?
18,76,764
1938331 Asked
3,689
Active Tutors
1427039
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!