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 brief note on the things which Strengths comprises?
Write some main features of partnership? Answer: Essential elements or major features of Partnership are as follows: A) Two or m
What are the various features of the management accounting information system?
Incremental Cost: The raise or reduction in total costs which would result from a decision to raise or reduce output level, to add a service or task, or to modify any part of operations. This information aids in making decisions such
A type of personal tax credit that reduces the amount a taxpayer must pay. The child tax credit is $1,000 (in 2008) for each child meeting the criteria the child must be a U.S. National, citizen, or resident under 17, a dependent of the taxpayer, and a grandchil
What are the Insurance premium in Arrears?
Controllable Cost: A cost which can be influenced by the action of responsible manager. The word always refers to a particular manager as all costs are controllable by somebody.
Briefly describe the main purpose of the business?
What are various methods to assign support cost?
Write down a short note on the major tasks of board that runs the organization?
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