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.
What are the possible broad regions of decision making process where management accounting information is required?
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
I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha
Full-Absorption Costing: It is a technique of costing that assigns (or absorbs) all labor, material, and service or manufacturing facilities and support costs to products or another cost objects. The costs assigned comprise those which do and do not d
Write a short note on the changing responsibilities of the management accountant?
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
What do you mean by the term SWOT analysis? Explain in brief?
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