Things which Strengths comprises
Write a brief note on the things which Strengths comprises?
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The Strengths could comprise such things like:
a) Strong, well-recognized brand name.b) Modern fleet of aircraft needing less maintenance.c) Reliable customer service regarding punctuality and loss of baggage.d) Internet booking facility employed by virtually all passengers that decreases the costs of administration.
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
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.
What do you mean by Service: It is an intangible product or task rendered directly to a client or customer.
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
Why you want to be an accountant? Normal 0 false
An account used in a partnership to record an individual partner's investment in the partnership plus the indi- vidual's share of any undistributed partnership income. In a corpo- ration, the equity sections have two parts: the contributed capital and retained earning
Identify and evaluate the strategic options in brief?
Cost Driver: Any factor which causes a modification in the cost of an action or output. For illustration, the quality of portions received by an activity, or the degree of complexity of tax returns to be evaluated by the IRS.
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
Write down the different techniques employed to liberate the function of management accounting?
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