What does it mean for a cost or benefit to be relevant?
Question:
What does it mean for a cost or benefit to be relevant?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (23 reviews)
Relevant costs and benefits are controllable costs and benefits th...View the full answer
Answered By
Gaurav Soni
Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
Linkedin profile link:
https://www.linkedin.com/in/gaurav-soni-38067110a
5.00+
7+ Reviews
13+ Question Solved
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
Question Posted:
Students also viewed these Managerial Accounting questions
-
What does it mean for a cost or benefit to be controllable?
-
What is sustainability and what does it mean for a business?
-
What does it mean for a company when they discover that their product has a High BDI but low CDI? What about a low CDI and Low BDI?
-
Cost information for Lake County Library is as follows. In addition to directly traceable costs, the library incurred $24,000 for a building lease. REQUIRED A. Allocate to departments any costs that...
-
A beam ABCD with a vertical arm CE is supported as a simple beam at A and B (see figure). A cable passes over a small pulley that is attached to the arm at E. One end of the cable is attached to the...
-
Find the coordinates of all intercepts. 00 =-7x-15x-2 123
-
The current advertising campaign for a major automobile brand will be changed if fewer than 70 percent of the consumers like it. a. Formulate the null and alternative hypotheses. b. Which statistical...
-
As part of your audit of the Abba Company accounts payable function, your audit program includes a test of controls addressing the company policy requiring that all vouchers be properly approved. You...
-
What is the current Remote Access Protocol used in Windows 2012? Explain.
-
After completing your Bachelor of Business (Accounting) degree, suppose you secure a permanent position as an accountant. You drafted a financial plan to retire in 30 years from now. So, you are...
-
How is value related to controllable costs and benefits?
-
Why does time influence the controllability of costs and benefits?
-
If the unemployment rate in 2013 had been 5 percent instead of 7.4 percent, (a) how many more workers would have been employed? (b) how many fewer would have been unemployed?
-
Describe the concept of performance appraisals, including the phrase, policies should be in writing, communicated and enforced.
-
Let 9x 21 f(x) x + 5x 17. Use the Squeeze Theorem to determine lim f(x) = x-2
-
1) Small cylinder/cone objects are to be delivered to another location. These cubic objects will be placed inside a rectangular box for ease of management. Assumed the dimension of the cylinder is...
-
Describe the importance of the manager/employee relationship in the appraisal process. Discuss various forms of bias in performance appraisals. Differentiate between informal and formal performance...
-
1) Given the following code segment in Figure 4, find the value of Z and show the solution steps in Table 1. int a=2, b=4, c=3, d=6, e=5; ++b += a * c + e / (d%4); Figure 4 Step 0 Table 3: Step in...
-
Give the structure of the alkene that would react with mCPBA to give each of the following epoxides. (b) MeC-CH O Ph" H **** CH3 H Ph **** H C-C-H CH3
-
A handrail, which weighs 120 N and is 1.8 m long. was mounted to a wall adjacent to a small set of steps (Figure P4.26). The support at A has broken, and the rail has fallen about the loose bolt at 8...
-
(Problem 78 continued.) Find the forecasts of EPS of the Johnson & Johnson from the first quarter 2011 to fourth quarter 2011. Problem 78 (Problem 77 continued.) Forecast the adjusted or...
-
Using the bond from Practice Exercise 12-4A, journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar.
-
Using the bond from Practice Exercise 12-4A, journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar.
-
Using the bond from Practice Exercise 12-4B, journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar.
-
Who is your favorite designer from the 20th Century (the 1900s)? Give a detailed explanation of why he or she is your favorite and how his/her designs have impacted the fashion industry.
-
Describe what the article was about? What stood out the most in the article? How it relates to the fashion industry? Was the article useful in expanding knowledge as it relate to textile? Website...
-
Explain why special events have arisen in human civilization, why they are so popular, and how they contribute to community development and benefit stakeholders and host communities. Describe the...
Study smarter with the SolutionInn App