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.
Briefly describe the main purpose of the business?
Activity-Based Costing: It is a cost accounting process that measures the cost and performance of process related activities and cost objects. It assigns cost to cost objects, like products or customers, based on their utilization of
Normal 0
Why most of the larger businesses are not managed as the single unit through one manager?
Identify and evaluate the strategic options in brief?
Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added
What are the various Calls in Arrears? Describe it.
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
Write a short note on why wealth creation is a longer-term concept?
What do you mean by the term position analysis in a business? Briefly illustrate it.
18,76,764
1932695 Asked
3,689
Active Tutors
1431174
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!