Distribution is the procedure of building a product or service accessible for use or utilization by a consumer or business user, using straight means, or using indirect means with intermediaries.How to Distribute Quality Costs?A company’s total quality cost is likely to be very high unless management gives this area special attention. Experts say that these costs should be more in 2% to 4% range. How does a company reduces its total quality cost

Master Budget

Master Budget: Learning Objective of the Article: Define and explain the term “master budget”. What are the parts / components of master budget? What are its advantages and disadvantages? Give example of master budget. Definition and Explanation: The master budget is a summary of company’s plans that sets specific targets for