Factors due to changing business landscape
What are the various factors which occurred due to the changing business landscape?
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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.
Responsibility Segment: A noteworthy organizational, functional, operational, or process component that has the characteristics as: (i) Its manager reports to the entity's top management;
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
Briefly define how useful is the management accounting information is?
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.
Write down a short note on the influence of manager’s behavior in management accounting information?
Meaning of Reconstitution: Any alter in agreement of partnership is termed as reconstitution of partnership firm. In following circumstances a partnership firm might be reconstituted: A) Alter in Profit Sharing Rat
Why you want to be an accountant? Normal 0 false
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
The process of testing a new software program using actual data and comparing the results to the alternative soft wares. The alternative can be new software or the organization's existing system. The test should be examined the software's accuracy and efficiency.
What do you mean by the term relevance which is accounting information?
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