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accounting viewpoint, these are companies that would normally use the process cost accumulation method. (Kearney 1994) A JIT system requires an attitude that places emphasis on the following: Cooperation with a value chain perspective Respe...
high importance to the formation, construction, planning and execution of a well-developed budget for a variety of reasons. This assignment looked into several features, and underlying advantages that a budget causes around the organizatio...
organization, but also complex and involves the whole organization. Since the effectiveness of planning depends on the development, profitability and market position of the company. It survival often depends on the skill of the course chan...
Retention of Account Managers Customer retention is very important to a bank similarly the retention of the bank’s account managers is also very important. Both play a very important role in the banking activities. It’s the account managers...
a manager is often accompanied by numerous responsibilities. Management is virtually a clear-cut process, but the aspects of responsibilities involved in managerial procedures make management one of the most tortuous processes in the world....
difference between financial accounting and managerial accounting is that in financial accounting records must be kept according to US G.A.A.P (Generally Accepted Accounting Principles). In financial accounting information is used for the p...
Historical Cost Accounting is a traditional valuation method as it reflects only on the past cost of the asset, however in the contemporary business environment companies must remain flexible and transparent. This belief has lead to the cre...