Marginal Costing
Marginal costing is a principle whereby variable costs are charged to cost units and the fixed costs attributable to the relevant period is written off …
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Marginal costing is a principle whereby variable costs are charged to cost units and the fixed costs attributable to the relevant period is written off …
Responsibility accounting involves accumulating and reporting costs on the basis of individual manager who has authority to make day-to-day decisions. Under responsibility accounting the evaluation …
A BSC is a strategy execution tool that, at the most basic level, helps companies to: Clarify strategy: Articulate and communicate their business priorities and …
In fast growing business world, major goal of organizations is to reduce the cost of production and control the cost as there are limited resources …
In order to understand zero-based budgeting, the first thing one should understand is the various parts of a typical business budget. Here are 3 primary …