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Expenses paid in previous of their use or consumption is termed as prepaid expenses. At the ending of the year, a portion of the payment keeps unconsumed and is treated like an ass
The profit volume ratio of xltd. is 50% and the margin of safety is 40%.you are required to calculate the net profit if sales volume is rs.100,000?
The following details are available from a company: 2003 2004 2003
Describe the ways in which the needs of internal and external users of accounting information are the same and different.
The following information is available for the automotive division of Ford Motor Company for 2009. The company uses the LIFO inventory method.
Specific Order Costing This is a broad costing system that is applicable where work jobs consist of separate jobs, batches or contracts. Every job or contract or batch is a c
importance value index ivi
Management Accounting It is the part of accounting such provides special-reason statements and reports to other persons and management inside the organization. The informatio
Features of Effective Cost Center Framework During the establishing cost centers, an organization must consider the given points as: a) Clear definition about the cost cent
Juniper Ltd is a listed diversified company. In preparing its financial statements in accordance with AASB 8, the chief operating officer has identified three operating segments:
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