• Cost Accounting

## Marginal Costing and Absorption Costing difference

Introduction Costing is the process of estimating and recording the total costs incurred in producing and delivering a product or service, including the value o

• Cost Accounting

## Difference between Absorption Costing and Marginal Costing

Absorption costing and marginal costing are two costing approaches that determine what should be the cost of a product. Let’s understand their differences

• Cost Accounting

## What is Cost Tracing – Meaning and Purpose of Cost Tracing

Cost tracing is an important part of cost estimation. It allows us to compare costs for a given product between different cost centres. In order to do this, we

• Corporate Accounting

Bonds and Bonds Value Quiz The stated interest payment, in dollars, made on a bond each period is called the bond: A) Coupon B) Face value. C) Maturity D) Yield

• Financial Management

## What is Money Measurement Concept in Accounting?

The money measurement concept states that a corporation should only report those accounting transactions that can be represented in terms of money. It means tha

• Financial Management

## Factors determining the credit policy of a firm

The credit policy of a firm is concerned with how much to sell on credit and the time within which the debt must be settled or the amount must be recovered. Cre

• Cost Accounting

## Difference between imputed costs and capitalised costs

Imputed Costs Imputed costs are those costs that do not involve any cash outlay. For example interest on capital, it not an expense actually paid in monetary te

• Corporate Accounting

## Internal rate of return method for investment appraisal

The Internal Rate of Return (IRR) is one of the most common methods for investment appraisal. IRR is also known as the Internal Capitalization Rate. It is one o

• Financial Accounting Concepts

## Accounting for not-for-profit organisations

A not-for-profit organisation is a business or entity established by individuals to further an end, not-for-profit and charitable. Not-for-profit organisations

• Corporate Accounting

## Ratios that are likely to help the management

Ratio analysis is the process of looking at and interpreting data from financial accounts, such as the balance sheet and profit & loss account. It involves