Tagged: MCO-05: ACCOUNTING FOR MANAGERIAL DECISIONS
Solution: Funds flow statement is unique compared to other statement since it converts a stock statement (balance sheet) into a flow statement. As such, there is not much of comparison or relationship between funds...
Solution: Replacement of Machinery ( मशीनरी का प्रतिस्थापनन निर्णय) It becomes necessary to replace the old machinery by a new because of the obsolescence of the old one or the renovation of the old one....
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...
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...
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...
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...
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...
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...
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...
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...