DIFFERENTIAL ANALYSIS: THE KEY TO DECISION MAKING

DIFFERENTIAL ANALYSIS: THE KEY TO DECISION MAKING

RELEVANT COSTS AND BENEFITS Every decision involves choosing from among at least two alternatives. A relevant cost or benefit is a cost or benefit that differs, in total, between the alternatives. Any cost or benefit that does not differ between the alternatives is irrelevant and can be ignored. Relevant costs and benefits are also known as differential costs and benefits. Avoidable costs are those [...]

November 2, 2011 at 3:40 pm 1 comment

TRADITIONAL AND ACTIVITY-BASED COSTING

TRADITIONAL AND ACTIVITY-BASED COSTING

STEPS FOR IMPLEMENTING ACTIVITY-BASED COSTING Define activities, activity cost pools, and activity measures. Assign overhead costs to activity cost pools. Calculate activity rates. Assign overhead costs to cost objects using the activity rates and activity measures. Prepare management reports. COST HIERARCHY Unit-level activities are performed each time a unit is produced. The costs of unit-level activities should be proportional to [...]

October 10, 2011 at 3:44 pm 1 comment

“Disaster”, what after that?

“Disaster”, what after that?

Disaster Recovery After reading the article from: http://www.zdnet.com/news/from-ground-zero-up-how-911-changed-disaster-planning/296691 I found out the following: “Two law firms, both just a few blocks away from the World Trade Center, were equally decimated by the collapse of 1.8 million tons of glass and steel on September 11. Both firms used the same company to help them reconstitute business, but one firm was up and [...]

May 29, 2011 at 1:16 am Comments are Disabled

Long term Debt

Long term Debt

[facebook] Installment Notes Payable [dropcap style="font-size: 60px; color: #9b9b9b;"] L [/dropcap]oans that require payment of principle and intrest at regular intervals are typically represented by installment notes. The terms for these type of notes usually range from two to five years. Well, let us start with example, let us assume XYZ company burrowed $10,000 from a bank. In exchange, XYZ [...]

May 6, 2011 at 3:16 am Comments are Disabled

Hello!!! World, Your First Program.

Hello!!! World, Your First Program.

How To Write The First Program In Visual Basic [facebook] Hope that you had learned a basic concept of what programming is. So, from now you are going to learn how to write codes, where to write a codes and whom to write the codes for in Visual Basic. It might get tricky sometimes, but I will try and make [...]

April 30, 2011 at 11:54 pm Comments are Disabled