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Transition probabilities These are the probabilities of moving from one state to another in the next time period. Usually they are written in the form of a probability matrix.
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
The requirement for working capital fluctuates according the level of inventory, production, debtors and creditors etc. The working capital needs are not uniform during the year be
Which of the following costs is an example of a cost that remains the same in total as the number of units produced changes?
State the steps for Standard costing system standard costing system involves the following steps 1) Setting-up of standards for each element of cost: standards should be s
International Transfer pricing International transfer pricing refers to the determination of prices to be charged between related persons and in particular within a multination
The Rohr Company’s old equipment for making subassemblies is worn out. The company is considering two courses of action: (a) Completely replacing the old equipment with new equipme
WHAT IS PRIME COST?
I am to write thesis on Budget and Budgetary Contro. Can you please help me with contents and notes?
different methods used to assign manufacturing overhead
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