Discuss the role of cost accounting in managerial decision
making?
Answer Posted / muhammad ramzan
cost accounting is important for knowing real cost of a
product,controlling abnormal wastages, etc in a company.
managers intensely rely on work of cost accountants for
internal decision making like make or buy product, etc.
| Is This Answer Correct ? | 8 Yes | 3 No |
Post New Answer View All Answers
Who to create a budget on software company
EXPAND___________IMA
what do u mean by arrear basic or arrear hra?
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
in which group under we will open donation and hamali weekly payment account or ledger
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
What is the Finalization of Accounts?
Accounting related interview questions on ibm
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
What are different types of reports made in tally
why gross profit transfering to profit & loss account
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.