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Financial Management

Excellent commerce point > Financial Management
Cost Accounting System
06
Jun

Cost Accounting System – CA Inter Costing Study Material Question 1.Explain integrated accounting system and state its advantages. fCA Inter Nov. 2019, May 2019, May 2015, May 2012, May 2010, 5 Marks]Answer:Integrated Accounting System:Integrated Accounting System is a system of accounting, where the cost and financial accounts are kept in the same set of books. […]

Posted in: ca intermediate notes ,
Tags: Accounting Methods , Cost Accounting , Cost Accounting System , Cost Analysis , Cost Control , Financial Management , Job Costing , Management Accounting , Process Costing , Production Cost Tracking , Types of Costing Systems ,
Employee Cost and Direct Expenses
03
Jun

Employee Cost – CA Inter Costing Study Material Question 1.Distinguish between ‘Direct and Indirect labour costs’. [CA In ter Nov. 2001, 2 MarksjAnswer:Direct Labour Cost is the cost of benefits paid or payable to the employees which can be directly attributed to a cost object in an economically feasible manner. This can be easily identified […]

Posted in: ca intermediate notes ,
Tags: Accounting Terms , Business Expenses , Business Finance , Cost Accounting , Cost Control , Direct Cost Examples , Direct Expenses , Employee Cost , Employee Cost vs Direct Expenses , Expense Categorization , Financial Management , Indirect Expenses , Operating Expenses , Payroll Cost ,