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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.
Advantages of standard costing 1) Measuring efficiency: standard costing is a yardstick for measuring efficiency. The comparison of actual costs with standard costs enables t
10 questions
Classification of ratio according to significance The ratios have also been classified according to their significance. Some ratios are more important than other and the fir
Marketing refers to the promotion of products, especially advertising and branding. But marketing includes product management, pricing, prom
Cash budget is a detailed budget of income and cash expenditure including both capital and revenue items. For control reasons the year's budget is usually phased in smaller periods
depreciation,depletion and amortisation
Receivable management is a specialized activity and needs various time and effort on the part of the firm. Collection of receivables frequently poses problems, mainly for small and
Cost comprise impact Some of the policy choices which tend to have the maximum impact on cost comprise: Product performance, configuration, and characteristics Mix and
Characteristics of cost reduction 1) Cost reduction must be real : said through increase in productivity change in product design improvement in technology etc. 2) Cost r
QUESTION 1 PART A You are provided with the given information relating to ABC Limited. The accountant is currently developing the budget for the next three months endin
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