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1. Increasing the number of indirect-cost pools is guaranteed to sizably increase the accuracy of product or service costs.do you agree? Support your anser using examples
2. The application of activity based costing doesn't apply in service industries. Service industries don'tmaintain any inventory and therefore ABC will not add any value to the organisation. Do you agree? Support your answer using examples.
3. FrancescaLorie. a production manager, states that "instead of allocating budgeted manufacturing overheads to jobs, we should straight away charge actual overheads. This would avoid the constant problem of under applied and over applied overheads and therefore no adjustment would be necessary. Plus instead of consuming our valuable resources for this activity we can utilise them else here. This would definitely improve profitability in the long run" write a memo to Francesca to clarify her concerns
4. Why might an analyst examining variances in the production area look beyond that business function for explanation of those variances? Support your answer using examples.
What are the benefits of the JIT inventory control system? The just-in-time that is abbreviated as JIT inventory control system lowers inventory carrying costs and tends to inc
explain in detail the primary function of taxation in relation to public fianace
Q. What do you signify by Organisation of Finance Function? Describe the functions of Financial Manager. Ans. Organisation of Finance Function: - Organization of finance functi
What are the objectives of working capital management? Briefly explain the various elements of operating cycle.
Determine the Working Capital Decision Investment in current assets is a major activitythat a finance manager is engaged in a daily basis. How much inventory tokeep, how much
How is the finance company play a vital role in investment intermediaries? Finance companies: Finance companies make loans to corporations and individuals by giving consu
Business forecasting menaing
At the end of the fiscal year ending June 30, 2003, Microsoft reported common equity of $64.9 billion on its balance sheet, with $49.0 billion invested in financial assets (in the
Q. Merits of Wealth Maximization Approach? Merits of Wealth Maximization Approach:- The wealth maximization schema is superior to the profit maximization approach because:
Yield Yield represents the actual return on the investments. Different types of yield are discussed below: Coupon Yield: The fixed interest rate on a government security or
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