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i want to get the answer for exercises 2.1 and 2.2 on strategic and tactical decisions
identify and explain cost classification for performance evaluation
what are the most effective management styles in an organisation
Techniques of CVP Analysis The CVP analysis deals with the price costs structure and the sales volume and identifies the profit figure with one or other combination of these
Classification of ratio according to significance The ratios have also been classified according to their significance. Some ratios are more important than other and the fir
COST-VOLUME PROFIT (C-V-P) ANALYSIS INTRODUCTION You can employ cost-volume-profit analysis to examine the natural relationship among cost, volume, and profit in pricing decision
Examples
Engineering method These methods are based on the use of engineering analysis of technological relationship between inputs and outputs e.g. method studies and time and motion s
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The collection policy of a firm is intend at timely collection of overdue amount and comprises of the subsequent. a. Monitoring the state of debtors (account receivable)
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