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Define Zero bases budgeting According to CIMA
According to CIMA, ZBB is a method of budgeting whereby all activities are re evaluated each time a budget is set.
Discrete levels of each are valued and a combination chosen to match funds available."
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
Your company provides you with a car. You are told only to drive in Dade and Broward and only to use the car for business purposes. One weekend your family is going to the Keys. Yo
THEORY OF METAGAMES This theory appears to describe how most people play non-zero sum games involving any number of persons. Prisoner's dilemma is an example of this; the ai
Funds produced from operations, throughout an accounting period, raise working capital by an equivalent amount. The two major components of funds generated from operations are depr
Sources of Working Capital Finance Working capital finance may be classified in the subsequent: Spontaneous Source of Finance Finance that naturally arises in
1. Explain the modern control methods with examples. 2. What are the reports produced for performance measurement? Demonstrate.
Ordering Costs These are incurred in getting purchased items into the company’s inventory or stores, and usually consist of clerical costs of: • Making the purchase demand.
MATERIAL CONTROL It is said that "any fool can sell"—it is buying at the right price that is more critical to the achievement of a satisfactory return on capital employed. Buy
International Transfer pricing International transfer pricing refers to the determination of prices to be charged between related persons and in particular within a multination
in the past,the company had difficulties separating semi-variable costs between varible and fixed costs.the company''s varible cost per unit consists of the cost of patrol,maintena
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