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Management Accounting

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Management Accounting

What is Working Capital? Definition, Types, Cycle, Sources

What is Working Capital? Working Capital is another part of the capital which is needed for meeting day to day requirement of the business concern.…

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29 March 2021
Management Accounting

What is Cash Flow Statement? Uses, Objectives, Preparation, Limitations

What is Cash Flow Statement? A cash flow statement is a financial statement that shows the inflows and outflows of cash and cash equivalents for…

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29 March 2021
Management Accounting

Determination of Working Capital

Nature of an enterprise For a firm engaged in manufacturing activity, a sufficiently large amount of funds will be required to carry inventories. Small companies…

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29 March 2021
Management Accounting

Inventory Control Techniques

Perpetual Inventory Control System This is a full-proof, bureaucratic control system. Whenever the production department requires material, it sends material Requisition Note to the stores.…

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29 March 2021
Management Accounting

Management Accountant

What is a Management Accountant? Management Accounting represents a happy blending of the two older professions of ‘Management’ and ‘Accounting’. The two important elements in…

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29 March 2021
Management Accounting

Types of Accounting: Financial, Cost, Management Accounting

What is Financial Accounting? Financial Accounting the process of identifying, measuring, and communicating economic information to permit informed judgements and decisions by users of the…

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28 March 2021
Management Accounting

What is Financial Statement Analysis? Types, Limitations, Objectives

What is Financial Statement Analysis? Financial Statement Analysis is largely a study of the relationship among the various financial factors in a business as disclosed…

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23 March 2021
Management Accounting

What is Management Accounting? Definition, Functions, Objectives

What is Management Accounting? Management Accounting is that field of accounting which deals with providing information including financial accounting, information to managers for their use…

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23 March 2021

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