Define Support Costs
Support Costs: Costs of activities are not directly related with the production. Typical illustrations are the costs of automation support, postage, communications, process engineering, and purchasing.
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
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What do you mean by the term Understandability which is accounting information?
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explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Give circumstances in which the fixed capital of partners might change. Answer: Two circumstances in which the fixed capital of Partners might change are as follows:
State some contents of a partnership deed. Answer: A) Name of the firm.B) Name and complete address of the Partners.C) The date of formation and period of Partnership.D) Ratio in which gain or loss
Why most of the larger businesses are not managed as the single unit through one manager?
What are Aging of Accounts? Briefly illustrate it.
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