Relevance-accounting information
What do you mean by the term relevance which is accounting information?
Expert
Relevance: Management accounting information should have the capability to affect decisions. Unless this feature is present, there is really no point in generating the information. This signifies that the information must be targeted at the needs of the individual manager for whom it is being offered.
Variable Cost: A cost which differs with changes in the level of an activity, whenever the other factors are held constant. The cost of material treating to an activity, for illustration, differs according to the number of material de
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Write a short note on the main working areas of the Marketing department?
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Explain the term bank reconciliation statement?
under gantt's bonus plan, no bonus is payable to the worker if is effeciency is less than how much?
Write down a short note on the major tasks of board that runs the organization?
Three main elements of Partnership: A) Carrying on of a business: • A ‘business’ is any trade, occupation or pr
What are Aging of Accounts? Briefly illustrate it.
Cost Assignment: A procedure which identifies costs with activities, outputs, or another cost objects. In a wide sense, costs can be assigned to activities, processes, products, organizational divisions, and services. There are three
18,76,764
1931771 Asked
3,689
Active Tutors
1428475
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!