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Acceptance and Allocation of Resources
Managers, subsequent a review and analysis of all decision packages, will establish the level of resources to be assigned to each decision package. Managers at various levels of responsibility in the organization generally perform the review and analysis. At times, the executive levels of management may need the managers of the decision packages to revise and resubmit their decision packages for extra assessment and analysis.
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what is management
Activity Based Management (ABM) Also referred to as activity based cost management (ABCM). This is used to describe the cost management application of ABC. To implement A
Explain what is meant by traditional costing system. Support with example.
Determine Cost pool and Cost drivers Cost pool: it is another name given to a cost centre and, therefore an activity cost centre may also be termed as an activity cost pool.
Transfer pricing with third party consequences Transfer prices are used not only for internal record keeping and performance evaluation purposes. There are several settings
whats a zero sum game
advantages of vertical balance sheet \
Disadvantages of activity based costing 1) It is essentially not the panacea for all ills. 2) It absorbs a lot of resources. 3) Too much emphasis on customer viability c
Explain about Programmed budget It having expects revenues and cost of various products or projects that are termed as the main programmers of the firm. Such a budget can be pr
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