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.
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
What are the key elements of the Shell’s ethical code? Describe in brief?
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
Normal 0
Briefly describe the main purpose of the business?
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
Write a short note on Not-for-profit organizations?
What do you mean by the term key performance indicators or KPI? Explain in brief?
A type of personal tax credit that reduces the amount a taxpayer must pay. The child tax credit is $1,000 (in 2008) for each child meeting the criteria the child must be a U.S. National, citizen, or resident under 17, a dependent of the taxpayer, and a grandchil
18,76,764
1942255 Asked
3,689
Active Tutors
1448044
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!