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Production Marketing Accounting
The finance department in a manufacturing company is responsible for reviewing and analyzing financial information. This may include funding for the company, profit and loss statements, and employee payroll information.
The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.
The main functions of the finance department are to put in place an effective financial cost effective control system including trimming wasteful expenditure, centralized accounting system, and help in boosting production output of the company.
An accounting system is used in bank for various purposes. The system will help in basic bookkeeping of the bank's accounts and reconcile all transactions among other accounting functions.
Typical functional information systems are developed for accounting, finance, manufacturing, marketing, and human resource management.
A) To determine unit manufacturing costs and B) to provide managers with useful information for planning and cost control functions
Production Marketing Accounting
manufacturing account production selling & buying human resource & s0 on Biraj Joshi Nepal
External users of accounting information (especially investors) use accounting information like annual and quarterly reports to base their investing decisions on, and to compare different companies.Understandability This implies the expression, with clarity, of accounting information in such a way that it will be understandable to users - who are generally assumed to have a reasonable knowledge.
The major manufacturing functions can be identified as:Sales/MarketingAccounting/FinanceOperationsEngineering
The establishment of manufacturing industries in export enclave functions provides a conceptual model that includes labor differentiation and organizational capability variable in a production function specification.
The finance department in a manufacturing company is responsible for reviewing and analyzing financial information. This may include funding for the company, profit and loss statements, and employee payroll information.
accounting functions
The 5 major functions of accounting are recording, classification, analysis and Interprets, Communication and Summarizing. These functions defines the accounting profession.
discuss brifly various types of accounting packages along with their functions
Information systems are a network of computers linked to perform many different functions in business. Information systems connect the accounting, marketing and information technology departments.