Define Cost
Cost: The monetary value of resources employed or liabilities or sacrificed incurred to attain an objective, such as to obtain or make a good or to execute an activity or service.
Variable Cost: A cost which differs with changes in the level of an activity, whenever the other factors are held constant. The cost of material treating to an activity, for illustration, differs according to the number of material de
Write a brief note on the things which Strengths comprises?
I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
Describe the status of partnership from an accounting point of view? Answer: From an accounting point of view, partnership is a separate business entity. From legal
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
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Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
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