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Benefites of Management accounting information
To obtain this benefit, businesses have become more 'customer driven' (which is, concerned with satisfying customer needs). This has led to management accounting information which provides details of customers and market, like customer evaluation of services provided and market share. Additionally, information about costs and profits of rival businesses that can be used as 'benchmarks' by which to gauge competitiveness, is gathered and reported.
Q. Describe Retail inventory method? Retail stores often use the retail inventory method to estimate ending inventory at times other than year-end. Taking a physical inventory
Q. What is Articulate? The fundamental accounting concept of the double-entry method of recording transactions. Under the double-entry approach each transaction has a two-sided
Why it is important for independent auditor to be a member of a professional body?
Q. Show Transactions affecting the income statement? To continue to exist a business must be profitable. This signifies that the revenues earned by providing goods and services
Read it once and answer, if The following items appear on a balance sheet. $ Inventory balance at bank cash in hand trade
Jim owns and manages a small business, which provides an office design service, as well as buying and selling office furniture. Jim is a sole trader who manages all aspects of the
Q. What is invoice? An invoice is a document prepared by the seller of merchandise as well as sent to the buyer. The invoice contains the details of a sale such like the number
TDS (tax deducted at sources) .The person whereas making payments of income,covered by the scheme are responsible to deducted TDS and deposite the similar in goverment treasury wi
What is accounting process?
Q. What are Accounting software packages? Accounting software packages are normally menu driven and organized into modules such as accounts payable, general ledger, accounts re
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