Duties of Partner
The duties of each partner: The partners are beneath a fiduciary duty towards one another to: Render true accounts; Account for private gains; and Refrain from competition with the partnership firm.
The duties of each partner: The partners are beneath a fiduciary duty towards one another to:
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ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Selecting strategic options and Write a short note on selecting strategic options and formulating the plans?
Write a short note on selecting strategic options and formulating the plans?
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What are the various modes that the strategic management process can be approached?
What are the various Calls in Arrears? Describe it.
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 do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
Cost Allocation: This is a technique of assigning costs to activities, outputs, or other cost objects. The allocation base employed to assign a cost to objects is not essentially the cause of the cost. For illustration, assigning the
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