Merrick Differential Piece Rate System
Give a small introduction of the term ‘Merrick Differential Piece Rate System’?
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This system offers three piece rates to take away the imperfection in case of Taylor’s system. Under this system no definite time rate payment is offered.
Describe distinguish between the term Financial Accounting and Management Accounting?
Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
Briefly describe the kinds of tenders?
Write down the demerits of IFRSs.
Give a brief introduction of the term EOQ?
Give a brief introduction of the term capital budgeting? And also describe its significance?
Write down the provisions of purchase back of shares as said by Companies Act, 1956?
Describe briefly the term capital expenditures?
Give a brief explanation of the term accounting standard.
Describe briefly the term non-monetary incentives?
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