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What is the meaning of cost management ratios?
Institution of cost and management accounting of bangladesh
Asset management ratios are financial metrics used to evaluate a company's efficiency in managing its assets to generate revenue. Common ratios include asset turnover ratio, inventory turnover ratio, receivables turnover ratio, and the fixed asset turnover ratio. These ratios help investors and analysts assess a company's operational performance and effectiveness in utilizing its assets to generate profits.
Total general and management expenses General and management/Expense ratio = Total expenses
Asset management ratios indicate a) how well a firm is using its assets to support sales b) how efficiently a firm is allocating its liabilities c) the return on assets d) the profitability of the firm
Cost Management is critical to Project Management. A project cannot be initiated with Cost Management not in place, since cost management is about estimating, budgeting, monitoring, and analyzing the cost information.
quick ratios
cost relationship between direct and indirect.
explain the primary objectives of cost management ?
accounting ratio help management to predict the further income or the improvement in expenditure of an organisation. it guards management making the budget of the organisation.
what is the meaning of stratagic management of HR Manager
it help management in decision making it also help management to ascertain the cost of a product
Importance of cost control in project management?