Cost Accounting
Cost accounting is a branch of accounting which deals with cost incurred at the time of production as well as the cost of depreciation of fixed assets. Cost accounting helps in decision making of the company. Cost accounting is also helpful in budgeting management of company.
Ending Finished Goods Inventory Budget Definition: A budget showing the dollar amount of cost expected to appear on the balance sheet for unsold units at the end of a period. Read full article about ending finished goods inventory budget. Recommended Books ! Or Download
Decisional Roles Definition: The decisional roles involve around making choices. The four decisional roles include entrepreneur, disturbance handler, resource allocator and negotiator.
Effectiveness Definition: Completing activities so that organizational goals are attained; “referred to as doing the right things.”
Economic value added (EVA) Definition: Economic value added is a concept similar to residual income.