INTRODUCTION Cost accounting is an important tool in the management of any business firm or organization‚ which includes those in the small scaled industry. In the cause of our research instrument indicated the maintenance of improper and inadequate records coupled with the fact that cost methods used‚ through sometimes effective‚ were unconventional. For a small scale business to approach profit maximization level‚ it must be effective in cost control procedures and appropriate books
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AGENCY THEORY AND FIRM PERFORMANCE By Alex Ganas Department of M.B.A At the university of I.S.T / L.S.B.U There has been considerable discussion of managerial agency and firm performance problems that arise from the separation of ownership and control. Economists have long been concerned with the incentive problems that arise when decision making in a firm is the province of managers who are not the firm ’s security holders. The adoption of the agency logic increased during
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YOU DECIDE CASE STUDY The consumer product proposal presented by the marketing director lists all the relevant information necessary to create a marketing plan. It first introduces the target segment which the product will be designed and marketed to. Skipping this step can result in the product’s failure and millions of dollars wasted in ineffective advertising. Secondly‚ it lists all of Graves Enterprises’ main competitors and briefly cites their distribution channels. One of the proposals
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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Question 4 Source 2‚ ‘Fearsome Tyrannosaurus rex Sue may have died from a sore throat’‚ and Source 3 ‘Everest the hard way’ are both non-fiction texts‚ but have different purposes for different audiences. Source 2 is a text written to inform readers of a new scientific discovery‚ who are newspaper readers interested in the subject. Source 3 is a non-fiction text‚ written to inform readers of a life changing experience‚ who read and are interested in stories of adventure. Source 2 uses practical
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Quiz 2 1) Cost-volume-profit analysis is used primarily by management: A) as a planning tool B) for control purposes C) to prepare external financial statements D) to attain accurate financial results Answer: A Diff: 1 Terms: cost-volume-profit (CVP) Objective: 1 AACSB: Communication 2) One of the first steps to take when using CVP analysis to help make decisions is: A) finding out where the total costs line intersects with the total revenues line on a graph. B) identifying which costs are variable
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2-27-12 I. Introduction: • All around the world many people drink alcohol for many different Occasions. There are drinks at parties‚ bars‚ clubs and even your home. You can find alcohol just about everywhere in the United States. Around the world there are many different age requirements in order to drink or buy alcohol. The majority of countries around the world have a set age minimum of eighteen years of age. So why is our drinking age 21? • Why is this important
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Refractive Index of Prism using Spectrometer and Various Light Sources Dimain‚ Marion; Gonzales‚ Jade; Pancho Jr.‚ Ronel; Viloria‚ Matthew David College of Engineering‚ University of the Philippines‚ Diliman‚ Quezon City 1101‚ Philippines msdimain@yahoo.com jadegonzales019@yahoo.com ronelpancho@yahoo.com tewhmat.liv@gmail.com Abstract The study aims to measure the refractive index of a triangular prism using a spectrometer‚ utilizing different gas discharge tubes as light source. With the use of the
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STRATEGIES: A firm positions itself by leveraging its strengths. Michael Porter has argued that a firm’s strength usually falls into one of two headings: • Cost advantage • Differentiation By applying these strengths in either a broad or narrow or narrow scope‚ three generic strategies result: • Cost leadership • Differentiation • Focus These strategies are applied at business unit level. They are called generic strategies because they are not firm or industry dependant. Cost Leadership:
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------------------------------------------------- Firms Duties to the Employee “Hey Placement season is full on.” “Which all companies are coming to recruit?” “DHL‚ FedEx‚ Unilever‚ P&G‚ Damco and many more you ever dreamt of” “What is the average package they are offering?” “Must be around 12‚000 UAE Dhms.” “That’s great!” It rarely ever happens that a probable employee ever thinks of whether the company would do all duties due to the employee. The employee once enters the company becomes
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