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ABC Analysis:
ABC that is Always Better Control analysis is an application of the principle of 'Management by Exception' to the field of inventory control. If we seem at the inventory mix of a firm, this would constitute of hundreds of items. Mainly of these items would be cheap and the frequency of their utilization would be less. The left items would be costly, more frequently employed and account for huge proportion of firm's investment in inventories.
This would be a costly and cumbersome act to adopt a general policy and determination of economic order quantity and reorder point for management of each that item of inventory. In such technique all the items of inventory are categorized in three categories that are: A, B and C depends on the usage rate, rupee value and criticality of the item.
discuss the importance of state accounting to an effective fiscal administration
This is a research case. You must complete this assignment INDIVIDUALLY. This means no help from other students. You may consult Dr. Eldridge while you are working on this case.
practical problems of chapter one of company accounts
Presentation method (formerly closing rate or net investment method) Under this method, the branch operates with a lot of degree of autonomy from the head office. This position i
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Contribution and indemnity Generally the trustees are jointly and severally liable to the beneficiaries and a trustee sued may claim contribution from the others where although
In common terms the future value of an annuity or regular annuity is specified by the subsequent formula: FVA n = A (1 + k ) n -1 + A (1 + k ) n - 2 + ... + A .............
Q. Show the Management Report? Management's Report - Management is essential to include in its annual report its assessment of the effectiveness of the company's internal contr
An individual is currently working 40 hours per week, earning $10 per hour. He loses his job and successfully applies for unemployment insurance. The insurance plan works as foll
Independent research of the key topics available on the website of professional accounting bodies
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