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Determine the Inputted cost
It is hypothetical cost required to be considered to make costs comparable. It is the owner of the factory charges rent of the factory to the cost of production to make cost comparable with that of those undertakings which run production in rental factories; it is an inputted cost as the rent has actually not been paid. Same is the case with charging interest on down's capital.
Decision-making is an integral part of all management functions. It is the process of choosing the among alternative courses of action. Managers have to
I am part of a marketing group, and we are working on a project for a local cable company,they currently serve 3,200 customers and sell 50 wireless boxes a month,what I need to do
Project C would involve a current outlay of $50,000 on equipment and $15,000 on working capital. The investment in working capital would be increased to $21,000 at the end of the f
Stages in activity based costing The different stages in activity based costing are listed below and are shown in figure below. 1) Identification of the activities that may
Determine the Need and importance of management accounting: 1.Increasing efficiency: management accounting increases efficiency of business operations. The targets of differe
Budgetary control According to CIMA the establishment of budgets relating the responsibilities of executive to the requirement of a policy and the continuous comparison of achi
Saddle Point The saddle point in a payoff matrix is one which is the smallest value in its row and the largest value in its column. It is also termed as equilibrium point in th
accounting process or accounting cycle
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what are the most effective management styles in an organisation
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