Define Indirect Cost
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
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
Managerial Cost Accounting System: The organization and processes, whether automated or not, and whether portion of the general ledger or stand-alone, which accumulates and reports constant and trustworthy cost information and perform
Partnership Accounting: A business can be a firm, a partnership, or a solitary proprietorship. The corporation is incorporated at state level. The sole proprietorship is one person in business. A partnership is two or more than two persons with an agr
Why most of the larger businesses are not managed as the single unit through one manager?
What are Arrears? And what are the conditions to make Arrears?
discuss the limitations of human relations approaches to management
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
Write a short note on the main working areas of the Finance department?
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Describe the provision of 'Indian partnership Act 1932‘concerning sharing of profits in lack of any provision in partnership deed. Answer: In the lack of any p
18,76,764
1955735 Asked
3,689
Active Tutors
1456360
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!