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What are the disadvantages of activity based costing?
· More time consuming to collect data · Cost of buying, implementing and maintaining activity based system · Makes waste visible which some executives and managers don't want their boss to see * It may be difficult to set up and establish, particularly if an organisation is using more traditional accounting methodologies. (barriers to change) * Can be time consuming if all activities are to be costed * May provide too much detail - obscuring the bigger picture.
Where are the product cost accumulated in a job costing system?
This is the total expenses paid to buy or produce a finished product from an initial point in time to the current point in time.
What are the advantages of back flush costing?
1- less entries have to be passed so it saves time. (major benefit) 2- less costly as less documentation have to be maintained. 3- it uses JIT environment which saves holding cost of inventory
What are the tools and techniques of cost management?
Activity based Costing, Target costing, Just in Time,Total Quality Management,
What is the disadvantage of a database system?
Disadvantage of Data Base System: 1 Complexity in simplifying database 2. Cost 3. Time Consuming because extra burden over DBA.
What is the disadvantage of manual indexes?
very time consuming and costly
What problems are encountered in digital transmission?
Disvantages: 1) It's very costly depending on the system used, the number of detectors purchased. 2) Time consuming 3) Lack of qualified professional
What are the disadvantages of basic research?
1. It is time consuming and costly. 2.It based on theoretical aspect, but without practical no idea is perfect.
What are the drawbacks of timesharing system?
Time is consuming,cpu switches are rapidly.
Disadvantages of TV advertising?
A disadvantage of television advertising is that it is time consuming and costly. It is difficult to change the message of the advertising as well as to track demographics and ad targets.
How much will it cost to replace your bushings?
If you're talking about paying someone to do it.....it can be costly. It's a difficult and time consuming job. Just depends on what area you're in, who you have do it...etc.
Subaru Outback fuel filter?
The Subaru Outback fuel filter is located inside of the fuel tank. Changing the fuel filter can be very costly and time-consuming.
What is halsey-weir system?
A labor costing system, Halsey Weir scheme = 1/3 of time saved x rate per hour.
Describe weakness of conventional system analysis and design methodology?
the weakness of conventional system analysis and design methodology are ;it is rigid and flexible ;it takes to long to deliver a working software for the client ;it does not allow for changing system requirements during system development ;end user are poorly consulted in determining requirements with the sdlc ;it does not allow backtracking to previous stages as it is too much time consuming and costly
How easy is it to convert your car into a convertible?
Extremely difficult, costly, and time consuming. Something you would not want to even contemplate. Just sell this car and buy a convertible. You will be money ahead.
What are the disadvantages of activity based costing?
· More time consuming to collect data · Cost of buying, implementing and maintaining activity based system · Makes waste visible which some executives and managers don't want their boss to see * It may be difficult to set up and establish, particularly if an organisation is using more traditional accounting methodologies. (barriers to change) * Can be time consuming if all activities are to be costed * May provide too much detail - obscuring the bigger picture.
What are some disadvantages of 360 degree feedback?
Three-hundred-sixty degree feedback has several disadvantages. Some of the disadvantages of three-hundred-sixty degree feedback are that it is costly and time-consuming.
