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Explain some of the basic principles of cost management such as profits life cycle costs tangible and intangible costs and benefits direct and indirect costs reserves and so on?
Wiki User
∙ 10y ago
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Wiki User
∙ 10y ago
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What is tangible vs intangible benefits?
Tangible Benefit: - It is a benefit to a person or organization which can be felt and touched. It is a real benefit which is straight forward. Ex: Saving money Intangible Benefit: - It is an indirect benefit which can't be felt or touched. Ex: Saving time
Tangible benefits vs intangible benefit?
Tangible Benefit: - It is a benefit to a person or organization which can be felt and touched. It is a real benefit which is straight forward. Ex: Saving money Intangible Benefit: - It is an indirect benefit which can't be felt or touched. Ex: Saving time
How are direct control and indirect control different?
Direct Conflict Management is to figure it out or avoidance. Indirect Conflict Management is it seems to appeal a common goal. The difference between direct and indirect conflict management is direct conflict management is to figure it out or avoidance, and indirect conflict management is to appeal a common goal.
What is indirect exporting What possible benefits may it provide to the small firm?
Answering "What is indirect exporting What possible benefits may it provide to the small firm?"
What are the costs and benefits of indirect addressing?
Feces and smells.
When is the indirect method appropriate and what are the benefits of using it?
Indirect measurement is a technique that uses proportions to find a measurement when direct measurement is not possible.
Is office rent direct cost or indirect cost?
Office rent is indirect cost as normally all these kinds of offices are used for management purposes which is not directly required for manufacturing of goods that’s why all kind of management costs are indirect costs.
What is indirect conflict management approach?
It seems to appeal to a common goal.
How direct cost principle applicable to labor?
How can the direct and indirect cost principles applicable to labour?
What are the differences between direct cost and indirect cost in management accounting.?
what are the differences between direct cost and indirect cost in financial accounting
What question do indirect object pronouns answer?
Indirect object pronouns answer the question "to whom?" or "for whom?" in a sentence. They represent the person or thing that benefits from the action of the verb.
Direct and Indirect contacts in management?
Direct Contacts are the individuals who are the first recipient of the information and Indirect Contacts are the ones who receive the information through the Direct Contacts. Indirect Contacts in sales is also termed as a Trickle Down Effect.
