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Why is top management support crucial when attempting to implement an activity-based costing system?
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What are the tools and techniques of cost management?
Activity based Costing, Target costing, Just in Time,Total Quality Management,
Material-Costing quantitative tools of Inventory management?
answer me the following question Material-Costing Quantitative tools of Inventory Management?
What is the main difference between activity based costing and attribute based costing?
activity based costing does not promote TQM(total quality management) and continuous improvement but attribute based costing promotes the both.
How can standard costing help management in determining performance of a manager?
Standard costing is a set target where it is used as a goal to monitor progress
Do ABC analysis in inventory management is same as that of Activity Based Costing?
jh
Material-Costing quantitative tools of Inventory management?
answer me the following question Material-Costing Quantitative tools of Inventory Management?
What are the tools and techniques of cost management?
Activity based Costing, Target costing, Just in Time,Total Quality Management,
Problem relating to the implementation of activity based costing and activity based management system?
Answering "Problem relating to the implementation of activity based costing and activity based management system
What is the main difference between activity based costing and attribute based costing?
activity based costing does not promote TQM(total quality management) and continuous improvement but attribute based costing promotes the both.
How can standard costing help management in determining performance of a manager?
Standard costing is a set target where it is used as a goal to monitor progress
Do ABC analysis in inventory management is same as that of Activity Based Costing?
jh
What is abc-analysis stands for?
Activity Based Costing as per Inventory Management.
What are the topics covered in management accounting?
Objective: This course aims at introducing the student to how useful accounting information is prepared, and how it is effectively used, for the purpose of decision-making.Course content: Overview and introduction to management accounting Cost Concepts, Classifications, Terminology and behavior, Job costing and Activity Based Costing, inventory Costing and Capacity Analysis, Cost-Volume-Profit Analysis, Short-term Decision-Making and Relevant Costing, Long-term Decision Making, Pricing Decisions, Master Budget and Flexible Budgeting and variance analysis.
Who develop activity based costing?
Activity-based management and activity-based costing (ABM/ABC) have brought about radical change in cost management systems. ABM has grown largely out of the work of the Texas-based Consortium for Advanced Manufacturing-International (CAM-I). No longer is ABM's applicability limited to manufacturing organisations. The principles and philosophies of activity-based thinking apply equally to service companies, government agencies and process industries. The acronym itself has evolved from ABC to ABCM (activity-based cost management) to ABM, and the application of ABC evolved from a manufacturing product costing orientation to a management philosophy of activity management applied in industries and organisations other than manufacturing.
Define process costing its types features applications?
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Why do some companies find it difficult to use or inappropriate to implement a standard costing system?
A company that makes a variety of highly individualized and specialized made-to-order goods, using a variety of inputs, would find it more difficult to inplement standard costing than would a company that makes a simple, highly stardardized product. Standard costing can also be inappropriate when the cost of inputs fluctuates wildly.
Definition of what is transportation management?
The management of transportation operations of all types, including tracking and managing every aspect of vehicle maintenance, fuel costing, routing and mapping, warehousing, communications, EDI implementations, traveler and cargo handling, carrier selection and management, accounting. The management of transportation operations of all types, including tracking and managing every aspect of vehicle maintenance, fuel costing, routing and mapping, warehousing, communications, EDI implementations, traveler and cargo handling, carrier selection and management, accounting.
