Changing responsibilities of the management accountant
Write a short note on the changing responsibilities of the management accountant?
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The changing responsibilities of the management accountant are as follows:
a) Less time is used up for preparing the reports.
b) Management accountant is now a main member of the management team.
c) This new measurement to the management accountant’s position must benefit the design of more applicable management accounting information systems.
What do you mean by the term Reliability which is accounting information?
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
Briefly list out the main users of the accounting information which are related to the business?
You must prove your calculations The following information pertains to Blue Company revenue cycle and was reported at December 31, 2011. Year 2011, additional information is as follows: 1. 100 units that was purchased fo
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Cost Avoidance: The action taken to decrease future costs, like replacing parts before they fail and cause harm to other portions. Cost avoidance might incur higher (or extra) costs in the short run however the final or life-cycle cost would be lower.
The U.S. market for rice is illustrated below. The world pric
What do you mean by the term changing business landscape?
The rights of each partner: Under the Partnership Act, partners have the right to: Share equally in profits and losses; Indemnity; Interest on advances; Interest on capital; Share in management of
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