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Explain about the Management accounting
Management accounting has also changed by becoming more outward looking in its focus. In past, information provided to managers has been largely restricted to that collected within business. Though, attitude and behaviour of customers and rival businesses have now become the object of much information gathering. Increasingly, successful businesses are those which are able to secure and maintain competitive advantage over their rivals.
What is the implication of applying accounting concepts wrongly
Q. Show Periodicity concept? As per to the periodicity (time periods) concept or assumption an entity's life can be meaningfully subdivided into time periods (such as months or
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Q. Explain about Representational faithfulness? Representational faithfulness To increase insight into this quality considers a map. When it shows bridges and roads where roads
"Imagine yourself in a situation of being encouraged to inflate your expense account. Do you think your choice would be most affected by your individual moral development or by the
Split common stock 4 to 1 and reduced PAR from $80 to $20. After the split there were 600,000 shares.
Home Inc. is considering buying a new piece of equipment, which will cost $715,000 and has an economic life of 5 years, in order to make a new line of product. The company believe
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