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Role of the cost and management accounting?
Role of cost and management accountant is to determine the cost of production and per unit cost of product as well as help management in daily business activities and provide cost information about all business activities and help in decision making process as well as capital budgeting and decisions.
What is a accounting manager?
There are three type of Accountants: 1 - Financial Accountants 2 - Cost Accountant 3 - Management Accountant Management Accountant is a person who helps the management in the decsion making process of daily working activities by providing relevent data and analysis and helps management in every aspect of business activities and provide the analysis of financial implications of different decisions made by management and help to choose most benefitial decision and ways to manage business.
In a business hierarchy the level that is responsible for monitoring the daily activities of?
Operational management
Compare costing department with administrative department?
The costing department advises the management to take decisions based on the cost efficiency and capability. The administrative department relates to daily activities like financial planning, billing, record-keeping, personnel, etc. ,
How do you organize a management fest?
To organize a management fest, list difficult activities which pose challenges to daily management routine. Examples of these include employees' tardiness, unofficial leave, and theft.
What did Siddhartha do to free his mind daily concerns?
Siddhartha did meditation to free his mind from his daily concerns.
How do you apply the concept of management in our daily or routinary activities?
Good managers are able to communicate effectively with the people around them, motivate them, and delegate tasks efficiently. All of these skills can be applied to daily life.
What are the key influences in your daily economic decisions?
scarcity is basically the main thing that influences peoples decisions daily
What are the key influences your daily economic decisions?
scarcity is basically the main thing that influences peoples decisions daily
What are the four functions of the strategic and management staff at your installation?
The strategic and management staff at an installation typically perform four key functions: strategic planning, which involves setting long-term goals and objectives; operational management, focusing on the efficient execution of daily activities; resource allocation, ensuring that financial and human resources are optimally used; and performance evaluation, which includes monitoring and assessing progress toward goals to make informed decisions and adjustments. Together, these functions help align the installation's activities with its mission and enhance overall effectiveness.
What is the difference of management information system and operation information system?
management information systems are systems that record transactions in an organisation and provide management with information to make decisions that affect the whole organisation whereas operation information system is the systems that help with daily running of an organisation.
What is Acta Diurna?
Acta Diurna were daily Roman official notices that were posted in public places to inform the citizens about various government activities, such as the decisions of the Senate and activities of the Emperor. They were published on metal or stone tablets and were accessible to the public for reading.
