Define Traceability
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.
Write a short note on selecting strategic options and formulating the plans?
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
What are the main reasons that the operation of business environment has become ever more turbulent and competitive?
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
Common Data Source: All of the programmatic and financial information available for the cost, budgetary, and financial accounting processes. This comprises all financial and much non-financial data, like environmental data, which are
Write a short note on the key areas which business objectives want to achieve?
Activity-Based Costing: It is a cost accounting process that measures the cost and performance of process related activities and cost objects. It assigns cost to cost objects, like products or customers, based on their utilization of
Write a short note on the main working areas of the Finance department?
Why you want to be an accountant? Normal 0 false
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