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State the Opportunity cost
The net selling price, rental value or transfer value which could be obtained at a point in time if a particular asset or group of the assets were to be sold, hired, or put to some alternative use available to the owner at the time is the opportunity cost.
Multi-collinearity Multiple regression analysis is based on the assumption that the independent variables are not correlated with each other, whenever the independent variables
MAKE OR BUY DECISIONS (NO LIMITING FACTORS) The choice between making and buying a given component is one which is likely to face all businesses at some time. It is often one
5
Explain Indirect expanses: These are expanses which can't be directly conveniently and wholly allocated to a specific cost centres or cost units examples of such expanses are h
disadvantages of transfer pricing
accounting process or accounting cycle
Exercise 12-7 sell or process further
What are the Principles of management accounting? 1. The procedures and methods to be followed for keeping and analyzing financial statements should have consistency. It enable
WHY VARIANCES IS INVESTIGATED UNDER STANDARD COSTING
Explain Current budgets Current budgets: the period of current begets is generally of months and weeks. These budget relate to the current activities of the business. According
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