Factors due to changing business landscape
What are the various factors which occurred due to the changing business landscape?
Expert
The various factors which occurred due to the changing business landscape are as follows:
a) Growth of the service sector.
b) Emergence of new industries.
c) Growth of e-commerce.
d) Automated manufacturing.
e) Lean manufacturing.
f) Bigger product innovation.
g) Quick response times.
Write down the different techniques employed to liberate the function of management accounting?
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
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.
Profit or Loss (P&L) Analysis: A financial statement which summarizes the revenues, costs and expenses acquired during a particular period of time - in general a fiscal quarter or year. Such records give information which exhibits the capability o
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
The rights of each partner: Under the Partnership Act, partners have the right to: Share equally in profits and losses; Indemnity; Interest on advances; Interest on capital; Share in management of
An income statement item that represents the difference between the actual cash amount and an accounting measure of how much cash there should be. The most common example exists in a retail situation where the cash in the cash register is compared to the register tape
Briefly define the term Strategic management and also state the reason why it is designed?
Explain the term bank reconciliation statement?
Performance Measurement: A means of computing effectiveness, efficiency, and outcomes. A balanced performance measurement score-card comprises financial and non-financial measures focusing on the quality, cycle-time, and price. The performance measure
18,76,764
1949204 Asked
3,689
Active Tutors
1442672
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!