Things which Weaknesses comprises
Write a brief note on the things which Weaknesses comprises?
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The weaknesses might comprise:
a) Limited variety of destinations.b) Utilization of secondary airports located some distance from the city centers.c) Poor amenities at secondary airports.
Common Data Source: All of the programmatic and financial information available for the cost, budgetary, and financial accounting processes. This comprises all financial and much non-financial data, like environmental data, which are
Write down the scope of Management accounting?
A function of measuring and assigning production costs to determine the unit cost. Actual revenue assigns the real cost of materials, labor, and overhead to ma
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
The rights of each partner: Under the Partnership Act, partners have the right to: Share equally in profits and losses; Indemnity; Interest on advances; Interest on capital; Share in management of
Write down a short note on the Allocating resources in decision making process?
A partnership is stated as ‘the relationship which subsists among persons carrying on business in common with a view togain or profit’
Full-Absorption Costing: It is a technique of costing that assigns (or absorbs) all labor, material, and service or manufacturing facilities and support costs to products or another cost objects. The costs assigned comprise those which do and do not d
Write down the different techniques employed to liberate the function of management accounting?
Accounts used in governmental accounting to record the budget amounts but not the actual amount. For example, at the beginning of the accounting period, the planned amount of tax revenue, revenue from license, and inflows from fines would be recorded as one amount in
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