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16th October 2022
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indiafreenotes
The specific identification method relates to inventory valuation, specifically keeping track of each specific item in inventory and assigning cost…
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16th October 2022
By
indiafreenotes
(1) Personnel Department: This department in a large organisation is responsible for recruitment, training discharge, transfer etc. and maintaining their…
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16th October 2022
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indiafreenotes
The cost of labour is the amount of all salaries paid to the workers, as well as the employee benefits…
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15th October 2022
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indiafreenotes
The implementation of a cost accounting system is an important step for a growing small business. Implementation begins with identification…
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15th October 2022
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indiafreenotes
Direct Cost Direct costs can be easily identified as per the expenditure on cost objects. So, for example, if we…
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15th October 2022
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indiafreenotes
A cost accounting system is used by manufacturers to record production activities using a perpetual inventory system. In other words,…
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14th October 2022
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indiafreenotes
Anti-Competitive Agreements (Section 3) An agreement includes any arrangement, understanding or concerted action entered into between parties. It may or…
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14th October 2022
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indiafreenotes
Indian labour law refers to law regulating labour in India. Traditionally, the Indian government at the federal and state levels…
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14th October 2022
By
indiafreenotes
Articles 5 to 11 of Part II of the Indian Constitution deals with citizenship, defining a citizen as a person…
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14th October 2022
By
indiafreenotes
The Patent is granted by the sovereign of the country for the Invention claimed by the inventors which gives him/her…
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