Looking for payback period despite being conceptually unsound, payback period is very popular in business as a criteria for assigning priorities to investment projects. Wat are the main reason for this?
Baumol model of cash management helps in determining a firm's optimum cash balance under certainty. It is extensively used and highly useful for the purpose of cash management. As per the model, cash and inventory management problems are one and the same. State out its assumption.
The Impact of Regulation
While portfolio and cost management are important determinants of the viability of insurance companies, the US experience indicates that th nature and extent of regulation too plays a key role in determining the viability of these companies. The insurance industry in...
Implications of Cost Management
As is the case with most competitive industries, profitability and viability of a firm in the insurance industry significantly depends on its market share, and its ability to minimise its cost of operations without compromising the quality of its service and...
Assessment:
What is assessment?
Generally, assessment means determination of tax or refund due, by Tax department, based on annual return, after affording an opportunity of being heard to the dealer.
The assessment has to be made on the basis of examination of the relevant books, records...
CONCEPT OF JOINT COST & COMMON COST:
Joint Cost
Joint cost is also known as back haul or returning cost. This cost is associated with providing a particular service. For e.g.: a shipment is to be transported from place ‘A’ to place ‘B’. The transport will charge the customer a price which will...
amount of production
costcost accounting
costmanagementcost of departments
costing theory
decision-making processes
depreciation of plant
development of systems
direct proportion
financial management
fixed costs
industrial revolution
plant supervision
production control
products and pricing
project on costing
purchasing
quality control
range of products
raw materials
strategic management
tracking costs
variable costs
volume of work