Define Opportunity Cost
Opportunity Cost: The value of the substitutes foregone by approving a particular strategy or utilizing resources in a particular manner. Al so termed as Alternative Cost or Economic Cost.
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
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.
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Write down a short note on the benefit of economic in accounting management information?
Cost Assignment: A procedure which identifies costs with activities, outputs, or another cost objects. In a wide sense, costs can be assigned to activities, processes, products, organizational divisions, and services. There are three
Briefly define the term Strategic management and also state the reason why it is designed?
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I need homework help in accounting, 10 questions there about break even analysis. let us know if you can so it
What do you mean by the term key performance indicators or KPI? Explain in brief?
Write down a short note on the developing objectives and plans in decision making process?
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