by Phillip | Jul 9, 2017 | Accounting
Transportation problem is a type of linear programming problem in Operational Research. It is used to find a minimum cost of transporting. It uses certain methods to minimize the cost and time of transportation. The methods that are used are: Least Cost Method,...
by Phillip | Jul 9, 2017 | Accounting
A company requires nearly accurate evaluation techniques in order to estimate the viability of a particular business decision. This is necessary since organizations undertake many ventures that demand an investment of massive funds. Evaluation techniques when employed...
by Phillip | Jul 9, 2017 | Accounting
Relevant cash flow and its related topics are one of those branches of accounting that students keep confusing. This is justified given the confusing concepts and the subparts categorized under it. Topics like these are mostly introduced for the first time in college...
by Phillip | Jul 9, 2017 | Accounting
Capital budgeting is a form of investment that requires a considerable amount of expenditure and its returns or benefits can be obtained in due time. Capital budgeting may also be called long-term investment as its returns are subject to the significant time span in...
by Phillip | Jul 9, 2017 | Accounting
When it comes to Variance Analysis, students of finance often find it difficult to cope it up with. It is a Management Accounting tool basically trying to find out the difference in the actual and the planned costing and sales behavior. Cost Variance Analysis: An...
by Phillip | Jul 9, 2017 | Accounting
Cost Accounting is not that simple as it seems to be. When you see the syllabus; it talks about costs. What is hidden behind the words are the various costs and principles applied. However, this part of the costing is something which I like it too. This is why;...
