Tagged: MCO-05: ACCOUNTING FOR MANAGERIAL DECISIONS

Expand and Contract decisions – GUFFO Answer 1

Expand and Contract decisions – GUFFO Answer

Solution: In this section, we are described expansion and contract decisions. Let’s check it out. विस्तार या संकुचन निर्णय Expansion and contract decisions In any factory, if there is scope for expansion and there...

Make Or Buy Decisions 1

Make Or Buy Decisions

In this section, we are described about make or buy decisions. Let’s check it out. उत्पादन या क्रय निर्णय – Make or Buy Decisions – Decisions about whether a manufacturer of goods or services...

Standard cost and Estimated cost 1

Standard cost and Estimated cost

Question 4. Differentiate between the following: (a) Standard cost and Estimated cost (क) मानक लागत और अनुमानित लागत Answer: Standard cost and Estimated cost are based on the experience and analysis of assumptions, representing what “can...

Marginal Costing And Absorption Costing 1

Marginal Costing And Absorption Costing

Solution:-  Marginal Costing And Absorption Costing Marginal Costing– The theory of direct, variable or marginal costing initially considers that the cost of producing goods or services should only assume the direct costs caused in the...

Marginal costing and Differential Costing 1

Marginal costing and Differential Costing

Businesses use differential and marginal costing to make critical decisions regarding financial issues for the short and long term. Differential and marginal costing give managers tangible numbers with which to work to develop a strategy. If...

Performance Budgeting Lays Immediate Stress In The Achievement Of Specific Goals Over A Period Of Time 2

Performance Budgeting Lays Immediate Stress In The Achievement Of Specific Goals Over A Period Of Time

निष्पादन बजटिंग एक अवधि के दौरान विशिष्ट लक्ष्यों की पूर्ति पर जोर देती है। Solution: The performance budget involves the evaluation of the performance of the organization in the context of both the specific...

Budget Should Not Be Regarded As A Master But As A Servant 1

Budget Should Not Be Regarded As A Master But As A Servant

ANSWER –  “The budget should be regarded not as a master, but as a servant.” It is totally wrong to think that the introduction of the budget alone is enough to guarantee the success...

A Budget Is Both A Plan As Well As A Control Tool 2

A Budget Is Both A Plan As Well As A Control Tool

The budget is the main tool of financial management. Through it you can obtain a series of benefits because it provides the option of planning and control. In this sense, in this issue we...

error: Content is protected !!