Regions of decision making process
What are the possible broad regions of decision making process where management accounting information is required?
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The possible broad regions of decision making process where management accounting information is required are as follows:
a) Developing objectives and plans.b) Performance evaluation and control.c) Allocating resources.d) Determining costs and gains.
Write down a short note on the influence of manager’s behavior in management accounting information?
What is the various information that a manager need to make a decision?
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
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.
Write a short note on why wealth creation is a longer-term concept?
Common Cost: It is the cost of resources used jointly in the production of two or more outputs and the cost can’t be directly traced to any one of those outcomes.
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
Write down a short note on the developing objectives and plans in decision making process?
What are the various modes that the strategic management process can be approached?
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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