Benefit of economic in accounting management information
Write down a short note on the benefit of economic in accounting management information?
Expert
The economic advantages of having management accounting information are even harder to evaluate. This is possible to exert some science to the problem of weighing the costs and advantages; however a lot of subjective judgment is probable to be included. Whilst no one would fatally advocate that the typical business must generate no management accounting information, at similar time, no one would advocate that each and every item of information which could be seen as possessing one or more of the key features must be generated, irrespective of the cost of generating it.
From the books of Aggarwal Bors, the following information have been extracted: Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% The firm is proposing to buy a new plant which can generate additional annual profit of Rs. 10,000. The fixed
Cost Allocation: This is a technique of assigning costs to activities, outputs, or other cost objects. The allocation base employed to assign a cost to objects is not essentially the cause of the cost. For illustration, assigning the
I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future
A form of long-term debt that appears in the liabilities section of the balance sheet. A company sells bond as a way to borrow large amount of cash. The buyer pays for the bond and receives regular interest payment, annually or semiannually, for the duration of
Cost: The monetary value of resources employed or liabilities or sacrificed incurred to attain an objective, such as to obtain or make a good or to execute an activity or service.
Cost Reduction: The procedure of looking for, finding and eliminating unwarranted expenses from the business to raise gains without containing a negative impact on the product quality. Most of the business managers will engage in periodic cost reducti
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
Write a short note on the relationship between risk and return?
18,76,764
1941049 Asked
3,689
Active Tutors
1414288
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!