Reaping the benefits of IT
What do you mean by the term reaping the benefits of IT? Explain n brief?
Expert
The impact of information technology or IT on the development of management accounting is difficult to overstate. The capability of computers to process big amounts of information signifies that routine reports can be generated rapidly and accurately.
In reality, certain reports might be generated on a daily or even real-time basis. This can be imperative to businesses operating in a highly competitive atmosphere that risk the loss of competitive benefit from making decisions mainly based on imprecise or out-of-date reports. IT has as well enabled information to be more broadly spread all through the business. Rousingly, via their personal computers, staff at all levels is capable to gain access to relevant reports and information to guide their actions and decisions.
Cost Finding: Cost finding methods generate cost data by analytical or sampling techniques. Cost finding methods are suitable for certain type of costs, like indirect costs, items with costs underneath set thresholds in the programs,
Give a brief introduction of the term ‘Management Accounting’. And also write down its objectives?
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
Why does a tax form a deadweight loss? A tax forms deadweight loss by artificially increasing price above the free market level, therefore reducing the equilibrium quantity. This reduction in demand decreases consumer as well as producer surplu
Opportunity Cost: The value of the substitutes foregone by approving a particular strategy or utilizing resources in a particular manner. Al so termed as Alternative Cost or Economic Cost.
What are the key elements of the Shell’s ethical code? Describe in brief?
What are Aging of Accounts? Briefly illustrate it.
What are the various Calls in Arrears? Describe it.
A company has production facilities in several countries. Some of the products they sell are produced in stages (Raw Materials -> Pre-Assembly -> Assembly -> Finished Product) based on the technologies and materials involved (see Table 1). Q : Annual report A company's annual report A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha
A company's annual report is the single most important way for it to convey itself to potential investors. As such, it should be no surprise tha
18,76,764
1945831 Asked
3,689
Active Tutors
1435286
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!