/*----------------------* | Nikeshnee Padiachey | | 2014 960 33 | | Modelling 2A11 | | Assignment 2 | |(version 1.0) | | 27/02/2015 | *----------------------*/ #include <stdio.h> #include <windows.h> #include <stdlib.h> #include <math.h> int main() { Beep (523,1000); printf ("..(\.(\.\n" ".(='.').\n" ".((^)(^).\n" "\n\nGOOD DAY\n\n"); printf("This is Assignment 2 for Modelling 2A...\n\n");
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Responsibility Accounting? Based on Managerial Cost Accounting Implementation Guide, the definition of responsibility accounting is: “Collection, summarization, and reporting of financial information about various decision centers (responsibility centers) throughout an organization; also called activity accounting or profitability accounting. It traces costs, revenues, or profits to the individual managers primarily responsible for making decisions about the costs, revenues, or profits in question and
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Cost Accounting B.Com (Annual) Part-II Paper-IV Maximum Marks: 100 (Pass Marks: 40) Duration of Examination: 3 hrs Course Contents: Topic Source Sections Concept and Scope of Accounting: Definition, cost elements, nature and objective, charts of accounts and coding in cost accounting. Ch 2, Book 1 A Cost Classification and Flow: Product and period cost, direct and indirect cost, Differential cost and revenue, Opportunity and Sunk cost, fixed and variable cost, mixed cost, statement
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ABDULLAHa*, MAHARJAN KESHAV LALLb AND KIMBARA TATSUOc a University Putra Malaysia b Hiroshima University c Hiroshima University ABSTRACT In a dynamic market, firms need to evolve from traditional to strategic purchasing which aims to reduce the cost of the purchase and that might imply standardization of components, delivery time and levels of inventory. This effort will usually include key suppliers as joint problem solvers and with these problem-solving models to work with; the firm’s attitude
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mitigation costs. For this purpose consecutively those flights trajectories options are selected which offer the highest mitigation potential taking into account five archetypical weather patterns in NAFC, and traffic samples in eastbound and westbound both direction. Using a concept of 4-dimensional climate cost functions integrated into a simulation system for operational planning (SAAM), we identified climateoptimal trajectories, by generating Pareto fronts from marginal costs of a mitigation
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senior citizens. The report will identify key issues that may impact Carson Manor’s day-to-day operation on the basis of budgeting, cost control and cost measurement. The key issues will be analyzed against Carson Manor’s objective to outsource a solution provider to conduct a review of their current situation. This report will evaluate three bidders based on total cost of study, potential savings, possible implementation, experience and references. A recommendation is stated at the end of the report
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same End result ! ends with financial statements ! integral part of other business aspects B. Cost Accounting Terminology 1. Nature of Cost Cost - A sacrifice of resources: Cost is a measurement in monetary terms of the amount of resources used for some purpose. Expense - The cost charged against revenue in a particular accounting period. 2. Purposes of Gathering Cost Information Routine decision making:
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price rises. Both of the terms are technically used in stating the law of demand. Question 3. :-Opportunity cost / alternative cost? Answer:-It is measure in terms of the forgone benefits from the next best alternatives use of a given resources in simple words scarifies or loss of alternative use of a given resource is turn as an opportunity cost. The alternative or opportunity cost of one unit of product A is the amount of product B that has been sacrificed by allocating the resources to produce
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CHAPTER 3: COST ANALYSIS Multiple Choice b 1. The principal advantage of the scatter-diagram method over the high-low method of cost estimation is that the scatter-diagram method a. includes costs outside the relevant range. b. considers more than two points. c. can be used with more types of costs than the high-low method. d. gives a precise mathematical fit of the points to the line. a 2. The major objective of preparing a scatter-diagram is to a
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able to analyse cost information within a business 1.1 classify different types of cost 1.2 use different costing methods 1.3 calculate costs using appropriate techniques 1.4 analyse cost data using appropriate techniques 2. Be able to propose methods to reduce costs and enhance value within a business 2.1 prepare and analyse routine cost reports 2.2 use performance indicators to identify potential improvements 2.3 suggest improvements to reduce costs, enhance value and
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