Key performance indicators or KPI
What do you mean by the term key performance indicators or KPI? Explain in brief?
Expert
Key performance indicators or KPIs: These comprise the traditional financial measures like return on capital used. KPIs now, though, usually comprise a significant proportion of non-financial indicators to aid assess the prospects of long-term success. To assist decision making, the management accountant has rousingly shouldered responsibility for reporting the non-financial measures concerning quality, product innovation, product cycle times, delivery times and so forth.
What do you mean by the term Reliability which is accounting information?
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
Significant costs associated with the disposal of asset. Accounting for asset retirement obligations requires estimating the cost and discounting estimate. The present value added to the asset's depreciable base and a liability is recorded for the obligation. Every year, interest expense is added
Job Order Costing: A technique of cost accounting which accrued costs for individual jobs or lots. A job might be a service or manufactured item, like the repair of tools or the treatment of a patient in the hospital.
Inter-Entity: A term meaning between or among distinct federal reporting entities. It generally refers to the activities or costs among two or more agencies, bureaus or departments.
Normal 0
Full Cost: The sum of all costs needed by a cost object comprising the costs of activities executed by other entities in spite of of funding sources.
Identify and evaluate the strategic options in brief?
Write down a short note on the Allocating resources in decision making process?
18,76,764
1926303 Asked
3,689
Active Tutors
1427063
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!