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accounting like a field of study in its developmental process has evolved a theoretical framework consisting of concepts or principles over period of
along with a view to harmonise varying accounting policies and practices recently utilize in india the institute of chartered accountants of india
standards at international level in view of the development of international trade and multinational enterprises the requirement for standardization
standardization in uk and usa although the institute of chartered accountants in england and wales began creating recommendations as 1942 real
gaap are usually developed through professional accounting bodies as american institute of certified public accountants aicpa and icai that is
we consider two regions a and b each market has the same size ie number of consumers but differs in the willingness to pay for one unit of the good
ln an attempt to conceal a thefi of funds kaito kid controller of shinichi products lnc placed a bomb in the company s record vault the ensuing
bottoms up company produces high quality sports equipment the companie3939s racket division manufactures three tennis rackets- the standard deluxe
a if you could pick a single source of cash for your business what would it be whyb how can a business earn large profits but
smith corp has determined that its contribution margin p - mcp is 40 a recent market research study found the following relationship between
jones company operates within a monopolistically competitive industry the estimated demand for its products is given by the following inverse demand
build-rite construction has received favorable publicity from guest appearances on a public tv home improvement program public tv programming
adele weiss manages the campus flower shop flowers must be ordered three days in advance from her supplier in mexico advance sales are so small that
during the dinner hour the distribution of the inter-arrival time of customers at burger barn is predictable to be as followsinter-arrival
a company has an authorized share capital of 250 million divided into 1500000 ordinary shares of sh100 each and 1000000 preference shares of sh100
the following details are available from a
bep- break event point it shows no loss and no profitthe level of activity at which total revenues equivalent total costsa point at which there is no
variable costs are the cost that are directly proportionate with the quantity of manufacture and or directly associated with the
the costs that are fixed irrespective of manufacture are fixed costs ex rent depreciationfix cost is those cost who not alter in any time whether the
a process in the industry where a wholesaler needs an amount that is the difference among the manufacturers price to the wholesaler and the contract
capability maturity model integration cmmi is a process development approach that gives organizations with the essential elements of effective
cmm is an internationally recognized standard for calculating the maturity of an organizations software development processes and has become the
describe the information about cost sheetsans cost sheet having of the direct and indirect expenses acquired in producing a given product and
marginal cost mcthe marginal cost of an additional unit of output is the cost of the additional inputs required to make that output more formally the
the difference among expenses and expenditureexpense is the outflow from a profit oriented organization whereas expenditure is the outflow from