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The other source of spontaneous short-term financing is the accrued expenses which arise by the general conduct of business. An accrued expense is an expense which has been incurred, although has not still been paid. For most firms, one of the major accrued expenses is possible to be employees' accrued wages. For huge firms, the accrued wages held through the firm constitute a significant source of financing. Generally, accrued expenses are not subject for large managerial manipulation.
areas where zero based budgeting can be effectively used?
Explain the Types of standards The following is the brief description of various types of standards: 1) Basic standards: these are the standards which are assumed to remai
Budgetary control According to CIMA the establishment of budgets relating the responsibilities of executive to the requirement of a policy and the continuous comparison of achi
I am part of a marketing group, and we are working on a project for a local cable company,they currently serve 3,200 customers and sell 50 wireless boxes a month,what I need to do
Gardner Manufacturing Company produces a product that sells for $120. A selling commission of 10% of the selling price is paid on each unit sold. Variable manufacturing costs are $
Kibble Company had the following functional income statement for the month of July 2011: Kibble Company Functional Income Statement For the Month Ending July 31, 2011 Sales ($40 x
COST-VOLUME PROFIT (C-V-P) ANALYSIS INTRODUCTION You can employ cost-volume-profit analysis to examine the natural relationship among cost, volume, and profit in pricing decision
You are charged with describing the important considerations in the decision-making process to upper management. In your response, be sure to include the following: • A descript
What are the duties of the Public Company Accounting Oversight Board?
Marketing refers to the promotion of products, especially advertising and branding. But marketing includes product management, pricing, prom
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