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.
What do you mean by the term changing business landscape?
Write down the scope of Management accounting?
Variance: The rate, amount, extent, or degree of change, or the divergence from a preferred state or characteristic.
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
Cash Management: Cash Management is the management of cash balances of a concern in such a way as to maximize the accessibility of cash not invested in inventories or fixed assets and to ignore the risk of insolvency. According to Keynes there are thr
Briefly describe the main purpose of the business?
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Give reasons in favor of having a partnership deed. Answer: A) In situation of any dispute or doubt, Partnership deed is the gui
What do you mean by the term SWOT analysis? Explain in brief?
1. Contribution After Marketing Assume that the sales forecast for brand TOJO is 160,000 units, and that you expect to sell 50% of these units through mass merchandisers,
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