Evaluate the strategic options
Identify and evaluate the strategic options in brief?
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This includes attempting to recognize possible courses of action which will allow the business to reach its goals via employing its strengths to exploit the opportunities, at similar time ignoring exposing its weaknesses to threats. The weaknesses, strengths, opportunities and threats are of course, those recognized by the SWOT analysis.
Expenditure that increases the dollar amount of fixed assets on the balance sheet. These outlays either increase the value of assets already owned or add additional assets. The payments increase the future benefit of an asset by extending the life of the asset, increa
Write down the scope of Management accounting?
Briefly illustrate the general role of accounting?
The term used in governmental accounting to identify amounts that the governmental unit is authorized to spend for debt repayment, operating activities, and asset acquisition. The appropriations account is a budgetary account that acts as a control account for all budgeted expenditures. More usua
Cost Driver: Any factor which causes a modification in the cost of an action or output. For illustration, the quality of portions received by an activity, or the degree of complexity of tax returns to be evaluated by the IRS.
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Investor Relations: A department, exist in most medium to big public companies, which gives investors with a precise account of the company's affairs. This aids investors to make informed sell or buy decisions. Inv
Standard Costing: A costing technique which joins costs to cost objects based on reasonable approximations or cost studies and by the means of budgeted rates instead of according to actual costs incurred. The predictable cost of gener
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
What do you mean by the term provision of management accounting information?
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