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Time and activity plan helps to associate time lines for every task/line item in the Work Breakdown structure and also associate the cost of getting the task completed. When we roll up all the costs of individual tasks up to the Activity level, we get to know whether we've budget to complete the activity and hence the project. Therefore, to that extent Time and Activity plans are useful.
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Importance of computer in accounting field?
it save time,
What is tax management illustrate its importance and necessity?
Tax management helps an individual or organization to plan their finances and able to pay tax.
What is the importance of cost behavior.?
Cost behaviour is associated with learning how costs change when there is a change in an organization's level of activity. The costs which vary proportionately with the changes in the level of activity are referred to as variable costs. The costs that are unaffected by changes in the level of activity are classified as fixed costs. The understanding of cost behaviour is very important for management's efforts to plan and control its organization's costs. Budgets and variance reports are more effective when they reflect cost behaviour patterns. The understanding of cost behaviour is also necessary for calculating a company's break-even point and for any other cost-volume-profit analysis.
Are the contributions to an annuity tax deferred?
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What is the importance of ratio analysis in accounting?
Ratio analysis in accounting is used to evaluate a firm's activity and productivity, as well as its efficiency in using its assets to generate profits. It is also used by investors in evaluating investment decisions.
What is the importance of time activity plan to a person?
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How important is a time and activity plan?
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What tips are there for home management?
plan ahead of time of the activity your going to do
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Which air force risk management process involves the 5-step process and is used when there is sufficient time to plan an event or activity.?
Which air force risk management process involves the 5 steps and is used when there is sufficient time to plan an event or activity?
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