Marginal Costing, Formula, Advantages and Disadvantages
by Marginal costing is a technique used in cost accounting that separates fixed and variable costs …
Tag: Management Accounting
Reporting at different Levels of Management
Reporting at different levels of management refers to the process of providing information to different …
Reporting to Management Meaning, Objectives, Principles of Reporting, Importance of Reports, Classification of Reports
Reporting to management refers to the process of preparing and presenting information to top-level executives …
Variance Analysis, Material and Labour Variance
Variance analysis is a method of analyzing the difference between actual results and expected or …
Statistical System Organisation, Functions, Design and Technique
Statistical System Organisation (SSO) refers to the structure and processes in place for the collection, …
Index numbers Definition, Importance, Uses and Limitations
Index numbers are statistical tools used to measure changes in a specific variable or set …
Methods of Constructing index numbers, Tests of reversibility, WPI and CPI, Deflating Index Numbers
Methods of Constructing index numbers There are different methods for constructing index numbers, depending on …
Price index numbers
Price index numbers are statistical tools that measure the relative changes in the prices of …
Quantity Index Numbers
Quantity index numbers are statistical measures that track changes in the physical quantity or volume …
Value Index Numbers, Types, Methods, Uses, Limitations
Value index numbers are a type of index number used to measure changes in the …