Discuss the advantages of activity-based costing.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
ABC allows managers to assign costs to activities and products more accurately than standard costi...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
The basic ideas justifying the use of activity based costing (ABC) and activity-based budgeting (ABB) are well publicized, and the number of applications has increased. However, there are apparently...
-
The senior executives at your company have heard of Activity Based Costing (ABC) but are unsure about what it means. They have asked you to explain the benefits of ABC compared to the existing...
-
Briefly discuss the features of Activity based costing system. (15 marks)
-
Evaluate the geometric series or state that it diverges. 8 00 k=0 2k 75
-
A sinusoidal EM wave has an electric field amplitude Em = 32.0 mV/m. What are the intensity and average energy density?
-
Almo Company manufactures and sells adjustable canopies that attach to motor homes and trailers. The market includes both new unit purchasers and purchasers of replacement canopies. Almo developed...
-
What monthly payment would a college senior make to pay off a used car loan of $\$ 2,000$ at $12 \%$ by the end of the year?
-
Are some beer, wine, or spirits ads misleading? What examples can you give? What is misleading in them? Do some ads contain images and themes that go too far in appealing to an audience under the...
-
Suppose that the input is 10 30 16 25 76 -1. What is the output of the following code? int num = 0; int sum; int count = 0; cin >> sum; while (count < 3) { } cin >> num; sum sum + num; count++; "...
-
Consider the following 0x86 program: .data array DWORD 1,2,3,4,5,6,7,8,9 aravSize -(S-array)/4 ; array .code main PROC mov ecx,arraySize-1 mov esi.OFFSET array L1: mov eax. [esi] sda mov bx,2 idiv bx...
-
What is a value stream map?
-
Discuss the disadvantages of activity-based costing.
-
Teramycin Inc.'s perpetual inventory records indicate that $715,275 of merchandise should be on hand on January 31, 2008. The physical inventory indicates that $698,150 of merchandise is actually on...
-
Assume that Griffin Inc. purchases a customer list for $ 4 0 0 , 0 0 0 . Legal costs to complete the transaction cost $ 1 0 , 0 0 0 and the list is assumed to have a useful life of 1 0 years. At the...
-
Acme Steamer purchased a new pump for $75,000. They borrowed the money for the pump from their bank at an interest rate of (0.5% per month and will make a total of 24 equal, monthly payments. How...
-
What are the ethical implications and societal challenges associated with human-mediated adaptation strategies, such as assisted evolution and genetic engineering, aimed at enhancing resilience to...
-
Explain why financial plans must be psychologically and financial sound. What is the best way to resolve money-disputes in relationship. Book: Personal Finance 11th Ed., by Kapoor, et al., (2015)
-
How do coevolutionary dynamics between interacting species influence the arms race of adaptation and counter-adaptation, leading to the escalation of evolutionary novelty and diversity ?
-
Plot the isotherms (contours of constant temperature) for Examples 12.4 and 12.5. Data from example 12.5 Data from example 12.4 Similar to the previous example, we now investigate the localized...
-
One Way Cellular accountants have assembled the following data for the year ended September 30, 2014: Prepare the operating activities section using the indirect method for One Way Cellulars...
-
What will the following program print when compiled and run? Select the one correct answer. (a) The program will not compile. (b) true|true (c) true|false (d) false|true (e) false|false // File:...
-
The client-server model, a. Is most effective when used as a bus topology, because its deterministic access method avoids collisions and prevents data loss during transmissions. b. Is best suited to...
-
Define IP spoofing.
-
What is a cookie?
-
Recommend an optimal improvement to the company's future financial goals.
-
Your bank account pays a nominal interest rate of 1 1 % , compounded semi - annually. Your plan is to deposit $ 2 , 4 0 0 in the account at the end of each of the next 1 0 years. How much will you...
-
A partnership has total equity of $464,000. Partnership equity consists of Green, Capital, $324,000, and Tan, Capital, $140,000. Net income and loss is shared in a ratio of 85% to Green and 15% to...
Study smarter with the SolutionInn App