Standard costing is a separate system in accounting
Wheather it is correct or not that standard costing is a separate system in accounting?
Expert
No, it is only a method that is employed with the purpose of controlling cost. It can be employed in all techniques of costing such as job costing, process costing, and so forth however it is more helpful in those firms where standard costs are generated on incessant basis.
Write down the pre-requisites for triumphant accomplishment of uniform costing?
Capitalization Method: (Goodwill method): In this technique capitalized value of the firm is computed on the basis of normal rate of return. Difference between the capitalized value and real capital employed is termed as goodwill.
What is your recommendation concerning investment with/in the Value Trust? a. Why do you recommend? b. Why don’t you recommend?
Give a short introduction of the term ‘Budget Manual’?
What do you mean by the term Entry in Accountancy?
What are Liability and Assets in Accounting equation. Also describe it with the help of formula.
Source: O'Conner, G. C., T.R. Willemain, and J. MacLachlau, 1996. "The value of competition among agencies in developing ad compaigns: Revisiting Gross's model." Journal of Advertising 25:51-63. Modeling Cases
Why closed-end country funds often trade at the premium or discount?
"Business term is the part of our Accounting". Illustrate this statement.
Describe the official reserve assets and some of its important components.
18,76,764
1951994 Asked
3,689
Active Tutors
1446179
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!