Scope of Management accounting
Write down the scope of Management accounting?
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i) Financial Accounting
ii) Cost Accounting
iii) Revaluation accounting
iv) Control Accounting
v) Marginal Costing
vi) Budgetary Control
vii) Financial Planning and
viii) Break Even Analysis
ix) Decision accounting:
x) Reporting
xi) Taxation
xii) Audit
Describe distinguish between the term Financial Accounting and Cost Accounting?
Give a brief introduction of the term Revenue Expenditure?
Give a brief introduction of the term Maximum level of inventory levels?
Write down the provisions of purchase back of shares as said by Companies Act, 1956?
Briefly describe annuity method of calculating depreciation?
In what manner Revenue Expenditure affect the profitability statement in a period?
Describe the calculation process of cost of idle time?
What is the major difference between the LOV and Picklist? Illustrate briefly?
What are the qualities that would make you a good accountant?
Write down the various elements of costs?
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