Interested to Buy Any Domain ? << Click Here >> for more details...
what are the similarities between cost accounting and
management accounting?
- 1 Answers
- 14376 Views
- Muthoot Group, I also Faced
- E-Mail Answers
Answer Posted / pavan
Cost accounting, managment accounting, and financial
accounting all use basic financial accounting concepts to
arrive at their indended goal. All 3 use techniques such as
depreciation, present values, future values, accruals,
deferals, and inventory valuations (such as LIFO and FIFO).
Although the reports that they create are each different,
the basic statements remain similar in construction and
terminology. Managment accounting is specifically for the
use of top level managers who are interested in appeasing
shareholders. Therefore, managerial accounting is constantly
searching for higher net incomes and benefits for the
shareholders.
| Is This Answer Correct ? | 10 Yes | 2 No |
Post New Answer View All Answers
example of SOP
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
what is ment by master in tally?
Provision of Bad Debts is made in compliance with the convention of -----------
I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??
how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000
please send me last 3 years question & solution
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
Which Exchange determine Foreign ?
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
What is the Assets & Liabilities?
bill to addres? ship to addres? rimit to address?
Example for extra ordinary expenditure?
What is Mean By FRS for HQ reporting, How To Prepare?
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
