Classification by nature means that an analysis based on the nature of expenses would, for example, result in classifications for depreciation, purchases, wages and salaries, marketing costs etc. The expenses would be presented in total for each type of expense.
Classification by function means that when an analysis is based on the function of the event (or cost of sales method), this will classify expenses according to their function as part of cost of sales, distribution or administrative activities. While this presentation can provide more relevant information to users, the allocation of costs to function can often be arbitrary. Organisations who chose to do this should disclose additional information on the nature of expenses, including depreciation and staff costs. The enterprise should choose the analysis that provides the fairest presentation of the business activities.
nature and function of credit
Natural systems are the systems that are not made by man. They are ecological systems that function without much, if any, human interaction. It is also a biological classification.
Synarthrosis, Amphiarthrosis, diarthrosis.
what are the example of tecnology basedon their nature
koPal nyO
mulalanio enie balu?
what is the nature of the authority exercised by a personnel management function
mechanical drawing??
The lipids are heterogeneous group of compounds.
dik ammo ngarud........
Cost classification by nature refers to categorizing costs based on the type of resources consumed, such as labor, raw materials, or utilities. This classification helps businesses understand the composition of their expenses and make informed decisions on cost management and resource allocation.
classification is a method of analysis and exposition. partition is the analytical treatment of an idea, mechanism, situation, substance,and function.