What is Direct Cost
Direct Cost: The cost of resources directly used by an activity. The direct costs are assigned to actions by direct drawing of units of resources used by individual actions. A cost which is particularly recognized with a single cost object.
ACCOUNTING PROCESS: The process of Accounting involves the following steps: Q : Write a short note on Not-for-profit Write a short note on Not-for-profit organizations?
Write a short note on Not-for-profit organizations?
Briefly define the term Strategic management and also state the reason why it is designed?
Explain Management accounting as an information system in brief?
What do you mean by the term Reliability which is accounting information?
A company has production facilities in several countries. Some of the products they sell are produced in stages (Raw Materials -> Pre-Assembly -> Assembly -> Finished Product) based on the technologies and materials involved (see Table 1). Q : Define Avoidable Cost Avoidable Cost : Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
According to Martin and Steele (2010, p.13), “The two principal professional associations in Australia – CPA Australia (the CPA) and the Institute of Chartered Accountants in Australia (the Institute) have indicated their awareness of the significance of issues of sustainability reporting and develo
Write a short note on why wealth creation is a longer-term concept?
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