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Topic: Business
Number of pages / Number of words: 10 / 2609
Essay's paper body

What is production Budget?

Production Budget = Sales + Closing Stock – Opening Stock

11. Give Four uses for marginal costing?

Make or Buy, Export order , Sales Mix, Profit planning

12. Define Financial accounting?

Financial Accounting is defined as “ The art of recording, classifying and summarizing in a significant manner and in terms of money transactions and events which are in part at least of a financial character and the interpreting the results thereof”...


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Financial accounting focuses on reposing to external parties.

13. What do you mean by Inflation Accounting?

Accounting that takes into account the price level changes is popularly known as Inflation accounting and it is a method devised to show the effect of changing cost and prices on the affairs of the company during the course of relative accounting period...


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General points of the essay

Accounting for Stock Options Accounting,Finance,Management,Costing Activity Based Costing and the Theory of Constraints are, respectively, Overhead Absorption Costing and Marginal Costing in a different guise BP America Production Co., Successor in interest to Amoco Production Co., et al. v. Burton, Acting Assistant Secretary, Land and Minerals Management, Department of the Interior, et al. Closing Sales, Sales Management impact of stock split on the stock return Production Planning Sales Force Management Sales Management Case 11.3 Sales Order Processing Sales Planning And Operations Sales management analysis sales management Teaching Material for Production Management Sales And Distribution Management

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