OF COST ACCOUNTING INTRODUCTION The Meaning of Cost Cost is a measure of the sacrifice or forgoing of a scarce resource to achieve a specific objective. An organization sacrifices scarce resources‚ i.e. the purchase cost‚ in order to obtain other resources. A cost is usually measured in terms of money paid to acquire goods or services. One can observe that the term cost is rarely used without an adjective in front of it. The term ‘Cost’ has multiple meanings and different types of costs are
Premium Costs Variable cost Management accounting
1.2 Definition of Job Analysis According to Mondy and Noe (1987)‚ job analysis which is defined the systematic process of determining the duties and skills required for performing jobs in an organization. In job analysis‚ we identify what the existing tasks‚ duties‚ and responsibilities of job are. Plus‚ it usually involves collecting information depend on the job differentiate. 1.2.1 Information of Job Analysis Information initially derived from job analysis is also valuable to the safety and
Premium Job description Management Problem solving
Operations Management | Research Paper | Job Enrichment and Job Rotation | Submitted by Brian King 12/6/2012 | Abstract The purpose of this paper is to examine job enrichment and job rotation - how these programs can motivate employees to do their jobs better and the ways that managers use job enrichment and rotation to motivate employees. In it I will examine how employee job satisfaction is affected by job enrichment and job rotation‚ the benefits and disadvantages of both for
Premium Motivation Employment
Some people might say‚ a job is a job‚ but that’s not true. There’s a big difference between a military and a civilian job. A military job is very demanding‚ however‚ it gives more in return. With the civilian job‚ no matter how great the demand‚ the benefits don’t change. When someone is in the Military‚ they have to get up and do physical training at 6:30 am every morning. However‚ if they wake up feeling ill‚ they have to go to the CQ Desk for a request to go on sick call. In the “Civilian
Premium Employment Insurance
Tseng‚ Yu-man (2009). A Study on Job Stress to Job Performance：Counseling as a Moderator. Taiwan: National Sun Yat-sen University‚ http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search-c/view_etd?URN=etd-1103109-054940 (Retrieved April 1‚ 2013) Table of Content Introduction ………………………………………………………..………………. 1 Overview of the research thesis ………………………………………..………….. 1-2 Critique of the research design: (a) Problem statement/ introduction part ……………………………….…………. 2-3 (b) Literature review of the study
Premium Psychometrics Factor analysis The Conclusion
Job Analysis is the process of collecting information about a job. The process of job analysis helps in the preparation of job description and job specification. 1. Job Description This is the objective setting of the job title‚ tasks‚ duties and responsibilities involved in a job. 2. Job specification This involves listing of employee qualifications‚ skills and abilities. These specifications are needed to do the job satisfactorily. Job Description Job Specification A statement containing
Premium Human resource management Organizational studies and human resource management
Chapter 2 Job Order Costing Learning Objectives After studying this chapter‚ you should be able to: [1] Explain the characteristics and purposes of cost accounting. [2] Describe the flow of costs in a job order cost system. [3] Explain the nature and importance of a job cost sheet. [4] Indicate how the predetermined overhead rate is determined and used. [5] Prepare entries for jobs completed and sold. [6] Distinguish between under- and overapplied manufacturing overhead. 2-1 Preview of Chapter
Premium Manufacturing Inventory Employment
COST SHEET – FORMAT |Particulars |Amount |Amount | |Opening Stock of Raw Material | *** | | |Add: Purchase of Raw materials |*** | | |Add: Purchase Expenses
Premium Material Depreciation Salary
and that is job enlargement‚ job rotation‚ and job enrichment. They are different in some ways but alike in many. The first way is job enlargement. This way is to expand in several tasks than just to do one single task. It is also the horizontal expansion of a job. It involves the addition of tasks at the same level of skill and responsibility. It is done to keep workers from getting bored. This would also be considered multi tasking by which one person would do several persons jobs‚ saving the
Premium Learning Skill Task
building we chose was one the tallest and most prestigious on the Texas State campus; that building is no other than JC Kellam Administrative Building. First established in 1969‚ JC Kellam or “JCK” for short was the school library before later being renovated for administrative purposes. Besides the many departments it houses‚ one of those being the President’s Office‚ it also hosts a variety of events and activities on its 11th floor for those who reserve it. Such events hosted have been mixers‚ ceremonies
Premium University House Par value