Join Our WhatsApp Channel for Updates!
ABA 404 TOPIC 3: COST CLASSIFICATIONS
| Institution | MASENO UNIVERSITY |
| Course | ABA 404:MANAGEMENT A... |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 12 Pages |
| File Size | 401.81 KB |
| Views | 2083 |
| Downloads | 0 |
| Price: |
Buy Now
 Buy via
whatsapp
|
Description
Cost classification may be defined as ‘the arrangement of cost items in a logical sequence having regard to their nature and purpose to be fulfilled’. The term cost must be qualified when in use in order that it’s precise meaning is established in a particular situation; however, cost refers to the amount of resources that have been diverted from other uses or sacrificed so as to achieve the desired objective. But the term is used to refer to various aspects of cost; depending on the base of argument that one is approaching the issue from.
Below is the document preview.
PERFORMANCE MANAGEMENT SYSTEM NOTES
Trending!
The power of organization is increasingly linked to its intellectual capital rather than its physical assets. People are now the drivers of corporate performance and competitiveness.
181 Pages
2835 Views
0 Downloads
2.26 MB
TRAINING AND DEVELOPMENT SYSTEM NOTES
India is passing through convulsive changes due to advancement in science and technology but, at the same time, over 1,100 million people of this country are caught in the twilight zone of development and under-development.
278 Pages
1663 Views
0 Downloads
3.73 MB
CONFLICT MANAGEMENT AND NEGOTIATION SKILLS NOTES
Trending!
Conflict is inevitable and universal phenomenon of our individual, team & organizational life. Life is a never ending saga of conflict. Remember the time when you were a small child and had to choose between a tricycle and a cricket set or say, a set of dolls and a new frock for a birthday present.
312 Pages
2738 Views
0 Downloads
2.21 MB
ORGANIZATION CHANGE AND DEVELOPMENT NOTES
“Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes—it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.”
204 Pages
1384 Views
0 Downloads
1.45 MB
Financial Management PART 1 notes
Trending!
Finance can be defined as the art and science of managing money. Virtually, all individuals and organizations earn or raise money and spend or invest money. Finance is concerned with the process, institutions, markets and instruments involved in the transfer of money among individuals, business and governments.
160 Pages
3766 Views
0 Downloads
2.04 MB
Financial Management PART 2 notes
Trending!
As part of long range planning process decision is taken on the program, the organization will undertake and the appropriate resources that will be allocated to each program over the next few years.
159 Pages
2911 Views
0 Downloads
1.5 MB
HUMAN RESOURCE MANAGEMENT NOTES
HRM is concerned with managing the people resources of an organization. In fact, managing human resources is the most crucial and challenging task that management has to perform, crucial because it is the key to sustainability in the present competitive world and challenging because no two individuals are same (they have different set of needs, ambitions, aspirations, mental make-up, backgrounds. Can you recall more differences!!). Now imagine the task of the human resource manager who has to satisfy not only the different set of needs of its people but also meet the overall organizational objective.
301 Pages
378 Views
0 Downloads
4.43 MB
MANAGEMENT PRACTICES AND ORGANISATIONAL BEHAVIOUR NOTES
Trending!
Management is a vital aspect of the economic life of man, which is an organised group activity. A central directing and controlling agency is indispensable for a business concern.
356 Pages
2396 Views
0 Downloads
4.04 MB
MANAGERIAL ECONOMICS NOTES
Trending!
Countless firms have used the well-established principles of managerial economics to improve their profitability. Managerial economics draws on economic analysis for such concepts as cost, demand, profit and competition
243 Pages
2665 Views
0 Downloads
4.84 MB
MARKETING MANAGEMENT NOTES
Trending!
Marketing is as old as civilization. Though marketing is talked and discussed in business terms
today, its origin goes back to the ancient civilization when man used symbols, signs and material
artifacts to transact and communicate with others. Modern marketing revolves around the
concepts, which are age old. The first signs that man made to communicate with others gave
birth to the idea of marketing. The evolution of marketing has made it a structured discipline to
study; otherwise marketing did exist in the ancient past.
384 Pages
2662 Views
0 Downloads
7.15 MB