Main working areas of the coach maintenance department
Write a short note on the main working areas of the coach maintenance department?
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Coach maintenance department is mainly looking subsequent to repair and maintenance of the coaches, purchasing spares, giving advice on the requirement to replace old or inefficient coaches.
Write a short note on the changing responsibilities of the management accountant?
1) Dissolution ENDS the partnership. a) Action of the parties: • By the expiration of a fixed term;• If entered
An account used in a partnership to record an individual partner's investment in the partnership plus the indi- vidual's share of any undistributed partnership income. In a corpo- ration, the equity sections have two parts: the contributed capital and retained earning
The increase in value that the owner of a capital asset receives when the asset is sold. The owner pays tax on that gain or increases, at a lower rate if the assets that are sold are capital asset, such as factory buildings, rather than assets that are sold in the nor
What are the various Calls in Arrears? Describe it.
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
State some contents of a partnership deed. Answer: A) Name of the firm.B) Name and complete address of the Partners.C) The date of formation and period of Partnership.D) Ratio in which gain or loss
What do you mean by the term changing business landscape?
Value-Added Activity: An activity which is judged to contribute to customer value or gratify an organizational requirement. The characteristic "value-added" reflects a belief that the activity can’t be removed without decreasing
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
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