Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Explain about Cost centre:
Meaning & definition: cost centre is defined as a location, person or item of equipment (or group of them) in respect which costs may be ascertained and related to the cost units for the purpose for the purpose of the cost centre. It is the smallest segment of activity or area of responsibility for which the costs are accumulated.
According to CIMA, London, "a London person, or item of equipment (or group of these) for which costs might be ascertained and used for the purpose of the control".
Therefore, a cost centre refers to a section of the business to which costs can be charged. It may be a location (a department, a sales area) an item 'of equipment (a machine, a delivery van) a person (a salesman, a machine operator) or a group of these (two automatic machines operated by the one workman). The main purpose of ascertaining the cost of a cost centre is control of the cost.
#question1-50..
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
if equipment will be depreciated on a straight-line depreciation basis over a five year period with an estimated residual value, what do I do with this information in a investment
What is Budgetary control Budgetary control is the process of determining various budgeted figures for the enterprises for the future period and then comparing the budgeted fi
Management Accounting Influence (A) Transfer pricing and performance measurement relies upon the judgment of the management accountant to make a suitable choice of approach
Financial manager's role in inventory management The techniques of inventory management are very useful in determining the optimum level of inventory and finding answers to the
Relevant costs and benefits for operating decisions: In operating decisions, concentration is on best use of existing capacity. Incremental analysis based on differential cost
Explain Ranking of decision packages - zero base budgeting Ranking of decision packages: by ranking the decision packages a company will be able to weed out a lot of marginal e
how to i get financial report for my company Anuz Wpp
Credit Limit A credit restriction is the maximum amount of credit that the firm will extend at a point of time. This indicates the extent of risk taken through the firm through
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd