Information that a manager need to make a decision
What is the various information that a manager need to make a decision?
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The managers might require information to help them decide whether to:
a) Develop new products or services (as with the computer manufacturer developing a latest range of computers).
b) Raise or reduce the price or quantity of existing services or products.
c) Borrow money to help the financial condition of the business.
d) Raise or reduce the operating capacity of the business.
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.
Cost Accounting: The Cost accounting is an approach to evaluate the overall costs which are related with conducting business. It is generally based on standard accounting practices, cost accounting is one of the tools which managers u
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ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Adjunct account An account in financial An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
Explain the term bank reconciliation statement?
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.
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