• Corporate Finance
    . Classification by function is based on the function of the event (or cost of sales method), this will classify expenses according to their function as cost of sales, distribution or administrative activities. The advantages of using the classification of expenditure by functions: • Provides more...
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  • Integrating Fuzzy Delphi with Fuzzy Analytic Hierarchy Process for Multiple Criteria Inventory Classification Golam Kabir1
    Inventory has been looked at as a major cost and source of uncertainty due to the volatility within the commodity market and demand for the value-added product. Inventory is held by manufacturing companies for a number of reasons, such as to allow for flexible production schedules and to take advantage of...
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  • Hale Sheppard
    alleged employees as independent contractors. Introduction: Many companies find that hiring independent contractors reduces overall costs. Costs associated with an employee such as health benefits, the company’s portion of payment for unemployment and FICA taxes, and other related advantages of...
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  • Retailing
    develop and / or reinforcing a retail image To Inform customers about goods and services and / or company attributes To ease the job for sales personnel To stimulate demand for private brands Advantages A large number of audience is attracted Low costcost per viewer, reader Alternative media...
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  • Assignment
    classification refers to the manner in which expenses are grouped in the Profit and Loss statement. The expenses are classified according to the function they perform and usually correspond to the cost centres of the firm.The advantages of functional classification include- * the opportunity to delegate...
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  • Office Management
    are: i) Justification ii) Verification iii) Classification iv) Availability of Information v) Reasonable Cost Records Management Process: The records management process goes through the following five stages. 1) Creation stage 2) Utilization stage 3) Storage stage 4...
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  • Global Wine War Case 2009
    the European Union to review the AOC, DOC, and WDQS classifications to create a vastly simpler system would make it easier for them to penetrate the mass market. Allying with some of the “new world” markets such as Argentina and Chile would help offset some of the advantages the U.S. and...
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  • Crm Case Study
    classification model (section2.3). There are number of advantages in using fuzzy classification for relationship management: Fuzzy logic, unlike statistical data mining, enables the use of non-numerical attributes. As a result, both qualitative and quantitative attributes can be used for marketing acquisition...
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  • Fucking Guys
    layout. 3. Office Furniture and Equipment: Furniture ( types, selection and layout; office mechanisation ( its objects, advantages and disadvantages, office machine ( classification : computer, printer, scanner, photocopiers, fax machine, MFOM; factors of machine selection, use of labour saving devices...
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  • Mfsm
    (A)Classification of costs by their behaviors…………………………………………………….3 (B)Double entry system for cost classification………………………………………………….3 (C) Importance of classification of costs for any firm while deciding pricing strategy……….3 (D) Fixed cost………………………………………………………………………………………4 (E) Step fixed...
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  • cost accounting
    contracts. Cost estimates are used in the preparations of budgets. They help in evaluating performance. They are used in preparing projected financial statements. Cost estimates may serve as targets in controlling the costs. CLASSIFICATIONS OF COST Classification into Direct and Indirect Costs...
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  • Filing
    operators, for after-sales service and proper maintenance of the machine at reasonable cost are available. (xi) The risk of obsolescence is considerably less. Advantages of Mechanisation: Since mechanization has become an important part of the modern office administrative process, a critical...
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  • Wine Industry
    chain was long and multilevel. In contrast, New World wine companies intend to control full value chain, from the vineyard to the retailer. They used their scale and integration to strengthen their bargaining power. Meanwhile, by controlling the value chain, they added more cost advantages to their...
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  • management accounting questions
    following report for year ended 31st December 2013 based on account analysis classification is availed to you Manufacturing costs Account Nature or Classification Amount in Tshs 000 Direct Materials All variable 360,000 Direct Labour All variable 200,000 Overhead costs: Electricity...
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  • Essay
    for Merchandising Operations • Work sheet • Inventories and Cost of Sales • Cash and Internal Controls • Accounting for Receivables • Plant Assets, Natural Resources and Intangibles • Liabilities for organization • Accounts for corporation • Statement of Cash...
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  • Business
    characteristics to facilitate inventory management. The classification process recognixes that not all products and markets have the same characteristics or degree of importance. 9. What advantages does DRP have over a fair share method of inventory deployment? DRP: DRP, Distribution Requirements...
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  • Accounting
    –Direct Costs and Indirect Costs, Factors Affecting Direct/Indirect Cost Classifications; Cost-Behavior Patterns: Variable Costs and Fixed Costs, Cost Drivers, Relevant Range; Relationships of Types of Costs, Total Costs and Unit Costs; Types of Inventory in Manufacturing-, Merchandising-, and Service...
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  • Cost Sheet Paper
    limit of expenses and the cost information guides to be within the set frame works. Advantages of Cost accounting: Following are the advantages of Cost Accounting: 1. Action against Unprofitable activities:- It reveals unprofitable activities, inefficiencies such as wastage of materials and...
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  • Course Informaiton
    | | | |The changing business environment | | |2 |Cost Terms, Concepts, and Classifications |Chp 2 – Hilton & Platt (2011...
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  • Jit and Toc
    horizon. Implementing these two concepts flexibility will enable managers make managerial decisions effectively. Cost Classifications In this part we will discuss the ways in which managers classify costs and study how the costs will be used- for preparing external reports, predicting cost behavior...
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