COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
Premium Costs Variable cost Management accounting
chosen: CARREFOUR’s Failure in Japan The presentation begins with telling the viewers what her team will be discussing throughout the presentation in the order as per heading suggest (Carrefour- The world’s second largest food retailer with 10000plus stores worldwide and opens in Japan in 2000). This gives a sense of scale‚ time and highlights the sheer size of the company. This is done briefly but is essential as it then proceed straight into the situation‚ the company’s failure in Japan. This serves
Premium BBC
Introduction: Our case study is on the Columbia City Bank. First of all we would like to talk about the general inner workings of a bank. A bank generates a profit from the differential between the level of interest it pays for deposits and other sources of funds‚ and the level of interest it charges in its lending activities. In recent history‚ investors have demanded a more stable revenue stream and banks have therefore placed more emphasis on transaction fees‚ primarily loan fees but also
Premium Costs Sales Bank
Rationalization of Failure Aesop’s short story "The Fox and the Grapes" tells of a fox failing to find a way to reach some grapes hanging high up on a vine. The story deals with the rationalization of the failure to attain a desired end. Rather than accept a personal failure by acknowledging our shortcomings or by unemotionally evaluating the circumstances that surrounded the failure‚ we rationalize and come up with an immediate excuse. We need to convince ourselves and everybody else who witnessed
Premium Cognitive dissonance Defence mechanism Rational choice theory
management of Larry Page‚ Google’s chief executive‚ whose boldest move has been the $12.5 billion acquisition. Though Google bought Motorola partly because of its more than 17‚000 patents‚ which can help defend against challenges to the Android operating system‚ it also planned to use Motorola to make its own‚ better smartphones and tablets. One-third of the 4‚000 jobs lost will be in the United States. The company plans to leave unprofitable markets‚ stop making low-end devices and focus on a few cellphones
Premium Google Smartphone Mobile phone
8806 General Paper November 2012 Paper 1 1. Is there any value in preserving minority languages in the world? 2. ‘People in the Arts‚ living or dead‚ receive far more recognition than those in the Sciences‚ though it is less deserved.’ Consider this claim. 3. Should people be allowed to have children by artificial means? 4. To what extent are the rights of animals protected in your society? 5. ‘The most influential individuals in history are those who have caused the most harm.’ How far would you
Premium All rights reserved Music Performing arts
Ramos Jr. Topic: General Provisions Objectives: At the end of my report of my classmates should be able to: 1. Define a knowledgeableunderstanding about the object of General Provisions. 2.Enumerate the different General Provisions and explain the object as weel as the significance. 3. Associate all these to be acquired learnings on General Provisions. Definition of Terms: 1. Civillian - a person that is not in the armed service or the police force. 2. General Provisions - laws
Free Philippines Senate of the Philippines
General manager job description I/ Key job tasks of general manager job description 1. Planning administration • Provide leadership and vision to the organization by assisting the Board and staff with the development of long range and annual plans‚ and with the evaluation and reporting of progress on plans. • Oversee preparation of an Annual Report summarizing progress on short and long range plans. • Research and write discussion papers‚ analysis documents and proposals
Premium Management
amplification of a signal. Today‚ some transistors are packaged individually‚ but many more are found embedded in integrated circuits. The transistor is the fundamental building block of modern electronic devices‚ and is ubiquitous in modern electronic systems. Following its release in the early 1950s the transistor revolutionized the field of electronics‚ and paved the way for smaller and cheaper radios‚ calculators‚ and computers‚ amongst other things. Advantages The key advantages that have allowed
Premium Bipolar junction transistor Transistor Semiconductor
The North won the Civil War‚ but there were hundreds of thousands on both sides who had died. Yet‚ despite being a time of pain and struggle‚ there was so much opportunity for change. In addition to the end of slavery‚ the war was supposed to create economic opportunities for everyone. It seemed like many thought the Civil War was a Second American Revolution. Reconstruction‚ the rebuilding period after the Civil War‚ was a time of great uncertainty in the country caused by the tension between radical
Premium American Civil War Southern United States United States