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Q. Explain Activity based management?
Activity based management (ABM) is about satisfying customers whilst making fewer demands on internal resources. The aim is that once cost drivers are created, organisations can aim to reduce cost, by creating models for more effective planning and control. ABM can lead towards the elimination or reduction of non-value added activities e.g. customer returns, complaints and obsolesce of stock. By eliminating activities which don't add value to customers, an organisation may still satisfy customers and at the same time make fewer demands on organisations resources.
Q. Explain about Financial analysis? The objective of financial statements is to provide information to all users of accounts to help them for decision-making. Note that most
A university has a small dorm with four rooms, in which three sophomores, A, E, and J, and a freshman, C, are residing. Not being equipped with gas/electricity meters for individua
Q. What is Transfer Pricing? A transfer price is a price charged for goods or services provided internally between divisions or departments in the same group or company. Tran
Q. Arguments for the controllability principle? - It would be considered fairer by a manager if they were not assessed on costs which are not within their own control. This is
Problem 1: a. Prepare a short notes on Normal distribution. b. The probability that an employee getting occupational disease is 20%. In a firm having five employees, what is th
It is the times in the life of a business or a person when fundamentals are about to be change.
Q. What do you mean by Dividend cover? Dividend cover Dividend cover = Profit available to ordinary shareholders (PAT) / Annual dividend (no. of times) Or = EPS/Divi
Alfred Rappaport's definition of shareholder wealth (value) Shareholder value = corporate (business) value - Debt The corporate value represents the perpetuity of cash
The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summary of the sources and uses of cash (sources of cash
Q. Common aims of transfer pricing systems? The common aims of transfer pricing systems Motivate mangers: A transfer price ensures an internal cost is recognised by
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