Illustrate the general role of accounting
Briefly illustrate the general role of accounting?
Expert
The general role of accounting that is to assist people in making informed business decisions. All forms of accounting, comprising management accounting, are mainly concerned with collecting and analyzing financial information and then communicating this information to such making decisions.
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
What do you mean by the term provision of management accounting information?
List the items that might appear on the debit side and credit side of a partner's fluctuating capital account. Answer: On debit side: Drawing, interest on drawing, c
A type of personal tax credit that reduces the amount a taxpayer must pay. The child tax credit is $1,000 (in 2008) for each child meeting the criteria the child must be a U.S. National, citizen, or resident under 17, a dependent of the taxpayer, and a grandchil
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
Incremental Cost: The raise or reduction in total costs which would result from a decision to raise or reduce output level, to add a service or task, or to modify any part of operations. This information aids in making decisions such
discuss the limitations of human relations approaches to management
Write down a short note on the developing objectives and plans in decision making process?
What do you mean by the term Reliability which is accounting information?
Write down a short note on the influence of manager’s behavior in management accounting information?
18,76,764
1946466 Asked
3,689
Active Tutors
1441781
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!