Main working areas of the Marketing department
Write a short note on the main working areas of the Marketing department?
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Marketing department mainly deals with advertising, with enquiries from potential customers, maintaining excellent relationships with existing customers and entering into the contracts with customers.
The duties of each partner: The partners are beneath a fiduciary duty towards one another to: Render true accounts; Account for private gains; and Refrain from competition with the partnership firm.
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.
Identify and evaluate the strategic options in brief?
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
Responsibility Segment: A noteworthy organizational, functional, operational, or process component that has the characteristics as: (i) Its manager reports to the entity's top management;
Q : Relevance-accounting information What What do you mean by the term relevance which is accounting information?
What do you mean by the term relevance which is accounting information?
What are the possible broad regions of decision making process where management accounting information is required?
Cost Assignment: A procedure which identifies costs with activities, outputs, or another cost objects. In a wide sense, costs can be assigned to activities, processes, products, organizational divisions, and services. There are three
Accounts used in governmental accounting to record the budget amounts but not the actual amount. For example, at the beginning of the accounting period, the planned amount of tax revenue, revenue from license, and inflows from fines would be recorded as one amount in
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