Illustrations of unethical and unacceptable actions
Write down a brief note on the illustrations of unethical and unacceptable actions?
Expert
The illustrations of unethical and unacceptable actions comprise:
a) Paying bribe to persuade staff of other businesses to reveal the information regarding the employee’s business which could be helpful.
b) Oppressive treatment of suppliers, for illustration, making suppliers waits excessive periods prior to payment.
c) Manipulating the financial statements to misinform users of them, for illustration, to overstate gain so that senior managers become entitled for performance bonuses.
Support Costs: Costs of activities are not directly related with the production. Typical illustrations are the costs of automation support, postage, communications, process engineering, and purchasing.
Cost Object (also referred to as Cost Objective): It is an activity, item, or output whose cost is to be computed. In a wide sense, a cost object can be an organizational division, task, a function, product, service, or a customer.
What do you mean by the term relevance which is accounting information?
Outputs: Any product or service formed from the consumption of resources. This can comprise information or paper work produced by the completion of the tasks of an activity.
Write down the scope of Management accounting?
What do you mean by the term reaping the benefits of IT? Explain n brief?
What do you mean by the term Understandability which is accounting information?
Outcome: The outcomes of a program activity as compared to its intended aims. Program outcomes might be computed in terms of service or product quality and quantity, customer satisfaction, and usefulness.
Cost Accounting Practice: Any disclosed or recognized accounting process or technique that is used for the measurement of cost, assignment of cost to cost objects and assignment of cost to accounting periods.
Opportunity Cost: The value of the substitutes foregone by approving a particular strategy or utilizing resources in a particular manner. Al so termed as Alternative Cost or Economic Cost.
18,76,764
1933250 Asked
3,689
Active Tutors
1430316
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!