Disadvantages of Inter Firm Comparison
In fact these are the limitations and difficulties faced through the Inter firm comparison since Inter firm comparison in its honest use and because cannot be difficult to any segment in it. The significant limitations can be listed as follows.
1. Any misuse of the collected information through any influential firm might be possible.
2. Participant members do not give timely and correct data.
3. It is hard to find out bases of comparison as there are variations in the size of the firms, their productivity, financial conditions, etc. Several times it renders meaningless comparison.
4. Lack of uniform costing renders complexity in comparison.
5. The top management feels secrecy of absolute data like the top preference and might not render full cooperation.
6. If the data are not correctly collected the results arrived at would be misleading. Decisions cannot be based on such types of conclusions.
7. Information supplied through members might not be reliable. They may feel hesitant in disclosing the right information about costs.
8. In case the cost accounting system adopted through a concern is not appropriate and adequate, the costing data supplied shall not be reliable.
9. The association that manages the comparison scheme should comprise qualities of effective leadership without that the scheme cannot be a success.
10. The co-operation of each participant for submission of cost data and their coordination is a necessary, if not the inter-firm comparison scheme cannot be applied with effective results.
The above disadvantages can be overcome to a great extent through the following measures:
(i) Adequate education and propaganda by articles in journals, lectures, seminars and personal discussions.
(ii) Installation of a system that makes sure perfect secrecy.
(iii) Introduction of a scientific and meaningful cost system.
Latest technology based Cost Accounting Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Disadvantages of Inter Firm Comparison homework help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Disadvantages of Inter Firm Comparison, project ideas and tutorials. We provide email based Disadvantages of Inter Firm Comparison homework help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Disadvantages of Inter Firm Comparison. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Cost Accounting homework help and assignment help services. They use their experience, as they have solved thousands of the cost accounting assignments, which may help you to solve your complex issues of Disadvantages of Inter Firm Comparison. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
tutorsglobe.com bohr quantum condition assignment help-homework help by online wave nature of electrons tutors
Introduction to Microbiology tutorial all along with the key concepts of Microorganisms, Microorganisms are Cells, Classification Systems for Microorganisms, Domain Bacteria, Domain Archaea and Domain Eucarya
Geological periods and epoch tutorial all along with the key concepts of utilization of fossils for dating rocks, Geological time scale, Cenozoic, Mesozoic, Paleozoic
Financial Accounting aims at carrying out the results of an accounting year in terms of profits or losses and assets and liabilities.
electronegativity tutorial all along with the key concepts of pauling electronegativity scale, mulliken - jaffe electronegativity scale, alfred-rochow electronegativity scale, periodicity in electronegativity
Laboratory Regulations tutorial all along with the key concepts of Safety Regulations, Format of the Lab Report, Laboratory Care and Waste Disposal
theory and lecture notes of matlab and solving equations all along with the key concepts of matlab and solving equations, matlab programs, secant methods. tutorsglobe offers homework help, assignment help and tutor’s assistance on matlab and solving equations.
Morphology and Anatomy of Seed Plant tutorial all along with the key concepts of Life Span of a Plant, Morphology of seed plants, The Flower, Fruits and Seeds, Leaves, Stem and Roots
Approach world-class Aesthetics Assignment Help tutors today to get unmatched solutions that help you to gain superb grades.
Structure and Function of Plant Cells tutorial all along with the key concepts of Components of Plant Cell, Protoplast, Cytoplasm, Membranes and Cell Compartment, Cytoskeleton, Cell Wall, Nucleus, Ribosomes
Dyes tutorial all along with the key concepts of Classification of Dyes, Chromophore and Auxochrome, Dyeing process-based dyes and Production process of Dyes
an mp3 cd is a compact disc (generally a cd-r or cd-rw) which consist of digital audio in the mp3 file format.
tutorsglobe.com anamalous nature of fluorine assignment help-homework help by online halogen family tutors
Pest Forecasting tutorial all along with the key concepts of Pest Monitoring, Pest Surveillance, Survey of pest species, Sampling Techniques, Methods of sampling and Economic Injury Level
Securing amazing grades at affordable prices won’t be difficult with top-rated Metaphysics Assignment Help service.
1930956
Questions Asked
3689
Tutors
1482675
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!