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19th October 2022
By
indiafreenotes
Corporate governance is a system by which corporates are directed and controlled. The Board of Directors have a fiduciary duty…
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16th October 2022
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indiafreenotes
Cost allocation is the process of identifying, aggregating, and assigning costs to cost objects. A cost object is any activity…
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16th October 2022
By
indiafreenotes
(i) Direct Re-Distribution Method: Under this method, the costs of service departments are directly apportioned to production departments without taking…
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16th October 2022
By
indiafreenotes
Cost Sheet is a statement, prepared at given intervals of time, which provides information regarding elements of cost incurred in…
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16th October 2022
By
indiafreenotes
Tender Tender is nothing but a response to an invitation to offer to provide product or services at quoted prices…
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16th October 2022
By
indiafreenotes
Under this method, a minimum quantity of stock is always to be held in stores as fixed asset. The minimum…
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16th October 2022
By
indiafreenotes
Management of employees: Managing employees is the foremost duty of a retail manager. This includes the management of store’s employees…
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16th October 2022
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indiafreenotes
Highest-In First-Out (HIFO) is a type of stock distribution and valuation method. The HIFO method follows the concept that stock…
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16th October 2022
By
indiafreenotes
Material control is the process of systematically controlling materials over the stages of procurement, storage, and usage so as to…
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16th October 2022
By
indiafreenotes
Realizable Price Method Net realizable value (NRV) is the value for which an asset can be sold, minus the estimated…
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