It's the Finance Ministry who is responsible for budgetary control. The Ministry is assisted by Finance Secretary,Central Bank, Planning Commission. But the overall responsibility is bestowned upon the Finance Ministry.

Cost centre is that department or that area due to which company has to incur and that cost is included in product cost, So production department is a cost centre because all costs are incurred due to production of volume of product while selling department is called revenue department because due to this department revenue is actually generated.

The simple rule is that if every order requires shipping fee then it is variable cost because as many as the number of orders variable cost will vary as well, but if total shipping cost remain as fixed amount no matter how many orders are shipped the shipping cost is classified as fixed cost.

One method that accounts for all the overhead in a plant, for example, can be included in a single kind of overhead allocation.

The total cost depends on many factors. The casino itself will range from $400 to $1,000 per square foot. Following that, parking and street modifications have to be made to meet local codes that can add another $150 to $500 per square foot for parking (realize drainage is often a significant cost depending upon where it is located). Security also has up-front costs that can vary as well, and insurance is an expense that cannot be overlooked.

The bottom line is that even the smallest casino takes millions to build, and millions to get permitting and training and to get running before it can be revenue producing. In the US, as of 2012, it is highly unlikely you can go from concept to having an operating casino, of any size, with less than 30 million dollars, though most are many times that.

The goal of a marketing strategy is to provide increases sales for a business.

Withdrawals are recorded on the credit side of the trial balance.

Indirect cost are those costs which are not directly allocated to product units as well as not directly identifiable that's why these are part of overhead cost and overhead cost is part of conversion cost.

Yes.. Because they both are in the same field. As per the defenitions the copanies in the same field join together is called vertical merger.

After tax cost is that cost amount from which tax is already dudected.

Maintainence cost is a period cost as maintainence need to be done even if there is no production at all.

eat pure and raw fruis as well as sprouted mooong,etc

the do not usually lessen competition in the marketplace

Effective leadership, coordination $ through knowledge about the working field/area

There is a close relationship between the finance function on the one hand and production, procurement, marketing, personnel function on the other. Almost all business activities in an organization directly or indirectly involve the acquisition and use of funds. The determination of production, procurement and marketing strategies are the prerogative of the chief of production, purchase and marketing divisions respectively, but for implementing their decisions funds are required. For example, the production department may decide to replace an old machine with a new one to increase the production capacity but it has financial implications too. Similarly, the purchase and sales promotion policies are laid down by the purchase and marketing divisions respectively, but procurement of materials, advertising and other sales promotion activities cannot be carried out without funds. Likewise, the recruitment and promotion of staff is the responsibility of the personnel department but recruitment and promotion of employees require funds for the payment of wages, salaries and other benefits. Many times, it may be difficult to demarcate where the one function ends and other starts. It may, however be noted that although the finance function of raising and using funds has a significant effect on other functions, it need not limit or obstruct the general functions of the business. It is possible that a firm facing financial difficulties may give more weightage to financial considerations and devise its own production and marketing strategies to suit the situation. On the other hand a firm with plenty of funds may not have much rigidity with regard to financial considerations vis-Ã -vis other management functions. In such a firm, financial policies may be adjusted to the needs of the decisions relating to production, procurement, marketing and other functions Email Based, Online Homework Assignment Help inRelationship Between Financial Management and Other Areas of Management Transtutors is the best place to get answers to all your doubts regarding relationship between financial management and other areas of management with examples. Transtutors has a vast panel of experienced in relationship between financial management and other areas of managementfinancial management tutorswho can explain the different concepts to you effectively. You can submit your school, college or university level homework or assignment to us and we will make sure that you get the answers related to relationship between financial management and other areas of management

The cost of wages paid to workers during an accounting period on daily, weekly, monthly, or jobs basis,plus payroll and related taxes and benefits.

The role of business is to help in overall economic growth of the country and the people in general.
Apart from profit motivation, they should cater to their societal responsibilities as well.

Independent projects are those which are not related or dependent on any other projects while in mutually exclusive projects if one project is selected other project automatically discards