accrual
explain the accrual basis of accounting by defining principles involved
Give a brief introduction of the term EOQ?
Describe distinguish between the term Cost Accounting and Management Accounting?
Give a brief introduction of the term ‘Business Entity Concept’?
Make a distinction between Stores Ledger and Bin Card?
Why it is significant for managers to have cost information.
Give a short introduction of the term ‘Absorption’? And also write down its various methods employed for deciding the rates of overhead absorption?
Give a brief introduction of the term ‘Average Price Method’?
Briefly explain the general purpose of statement of comprehensive income. As well, explain briefly the terms expenses and income as stated by the Conceptual Framework for the Financial Reporting (IASB, 2010).
Explain the most challenging circumstances (with clients) which an account manager faced all through the stock market drops?
Before you approve any invoice for payment what are the steps to be taken?
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