What is Uncontrollable Cost
What is Uncontrollable Cost: The cost over which an accountable manager has no persuade.
Value-Added Activity: An activity which is judged to contribute to customer value or gratify an organizational requirement. The characteristic "value-added" reflects a belief that the activity can’t be removed without decreasing
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Write some main features of partnership? Answer: Essential elements or major features of Partnership are as follows: A) Two or m
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
Outputs: Any product or service formed from the consumption of resources. This can comprise information or paper work produced by the completion of the tasks of an activity.
Give reasons in favor of having a partnership deed. Answer: A) In situation of any dispute or doubt, Partnership deed is the gui
Write down a brief note on the illustrations of unethical and unacceptable actions?
Explain the term bank reconciliation statement?
Write a short note on the main working areas of the Finance department?
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