ACCA has developed a network of partnerships with accountancy bodies and organisations around the world. These partnerships allow us to deliver qualifications and services and develop the accountancy profession internationally. Many of ACCA ’s partners offer discounts on their courses‚ membership fees or tuition materials to ACCA members - check their pages for further information. ACADEMIC PARTNERSHIPS Global MBA with Oxford Brookes University Diploma in Financial Strategy‚ in association with
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CASE BRIEF FORMAT A case brief is the result of distilling a court opinion down into its essential elements. There are many different ways to brief a case‚ each dependent largely upon its purpose in being assigned. Below is the format which you should follow for briefing cases in this course: CASE BRIEF TO: Supervising Attorney’s Name‚ Esq. FROM: (last four digits of your social security number) DATE: (the date the brief is due) CITATION: (You should give a complete citation
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Choose the best answer for the question from among the choices provided. 1. Cost accounting differs from financial accounting in that cost accounting is: a) Primarily concerned with income determination b) Relied on for analyzing and implementing internal decisions c) Focused only on qualitative information d) Primarily concerned with external reporting e) None of the above 2. The following costs relate to
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Cost Theory in Economics A central economic concept is that getting something requires giving up something else. For example‚ earning more money may require working more hours‚ which costs more leisure time. Economists use cost theory to provide a framework for understanding how individuals and firms allocate resources in such a way that keeps costs low and benefits high. 1. Function * Economists view costs as what an individual or firm must give up to get something else. Opening a
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Cost Methods ACC/561 September 4‚ 2013 Cost Methods Absorption costing is a process in which you relate a portion of your fixed overhead costs to the manufacturing product cost. This process will be done on a per unit term. Divide the fixed costs by the number of units manufactured and sold over the period of the term. This will give you the cost of per unit for the amount made and the amount. With the variable costing unlike the absorption costing you will use the fixed
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business and how the new equipment will help the business to function and the cost of the product will determine what the managers of the business decides. Marginal costs are change in total costs divided by change in output. Marginal revenue is the change in total revenue divided by change in output. Increase in fixed costs means that when the fixed costs cannot be changed it is the short run and when the fixed costs change it is the long run. The second questions that I chose to answer was
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related to the selected topic for the moldue is vital. In Task 2‚ it ensures that the articles pass ‘REVIEW’ criteria test and qualifies for in depth engagement with the selected marketing news article. Task 1 is equally important for it provides a good start together with a detailed time plan and outline of the planning process to be followed closely. However‚ lesser preparatory work is needed as compared to other tasks. 2. Planning process in outline: Four steps The outline of the four steps
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done this assignment. The purpose of this assignment is to gather practical experience. By this assignment one can know about the costing system of a company. How a company manages their cost‚ whether they follow the accounting system or not- to know this‚ is the prime objective of this assignment. By gathering the cost information of a company one can analyze it and also can give suggestions to improve their costing system for more profit. Figure: Objectives of the assignment
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globally. Generally quality control standards for export are set strictly‚ as this business is also holds the prestige of the country‚ whose company is doing the export. Export houses earn foreign exchange for the country‚ so it becomes mandatory to have good quality control of their products. In the garment industry quality control is practiced right from the initial stage of sourcing raw materials to the stage of final finished garment. For textile and apparel industry product quality is calculated in
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boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples‚ and carrying costs are $0.80 per box on an annual basis. Determine: (A) the order quantity that will minimize the sum of ordering and holding boxes of staples (B) the annual cost of ordering and carrying the boxes of staples 2. . A service garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 percent of purchase cost per unit on an annual basis. Determine:
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