question archive 1) how can cost accounting be utilized to achieve effectiveness in the marketing department? 2

1) how can cost accounting be utilized to achieve effectiveness in the marketing department? 2

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1) how can cost accounting be utilized to achieve effectiveness in the marketing department?

2.identify the 3 stapes analyzed in the cost Ascertainment by cost accounting

3.what is your understanding of the term cost control in general and to the nature of cost accounting?

4.propose the kind of integration connecting the budgetary control and cost accounting

5.how does cost audit chip in to influence cost accounting?

6.what is the indication of inventory control in the concept of cost accounting?

7.identify the contributions of data interpretation in cost accounting

8.are Internal audit and tax accounting crucial in cost accounting? explain why

9.explain the sub topic of  Methods of procedures in cost accounting

10.what is the purpose of proper booking keeping in determination of cost accounting results?

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Answer:

1.The marketing section is typically concerned with displaying items at certified prices. The propelling division obtains cost data from the cost accounting office in order to establish reasonable selling prices that are acceptable to purchasers. The expenditure agent provides data on various types of charges associated with various procedures to the propelling head in order to consider choice frameworks for the damaged rings.

2.advancements are;

- Cost collection and assessment

- Evaluation of the creative process at different phases

- The cost of creativity is linked to the cost of production.

3. Cost control is usually created by the heads contraptions in the presentation of any main activity so that pre-characterize up destinations of great value, whole and time can be developed in each circumstance feasible cost for item and experiences. Cost control, according to the ICMA, London, is "the bearing and rule through pioneer activity of the expense of operating an effort." Cost control, according to this definition, aims to keep actuals on track and regulates them if they deviate from the goals.

4. It is the cornerstone of consuming plans, identifying with the commitments of heads to the fundamentals of a framework and the continuous association of certifiable with planned results, either to obtain by particular action the complaints of that strategy or to motivate its update. To put it another way, it combines the fixation with usage plans or evaluated costs, as well as the evaluation of genuine expenses, with the predetermined spending plan.

5. A cost audit certifies the accuracy of cost accounts and ensures that the expenditure accounting strategy is followed. Its aim is not just to ensure that cost accounts and other records are mathematically correct, but also to ensure that the standards and norms have been strictly followed.

6. As stock joins a vast aggregate, it is critical to keep track of it from the moment it is procured until its final exit. The board should choose a specified level of equity to regulate shares. The foundation for stock control will be critical in making administrative decisions.

7. The heads' bookkeeping includes a significant portion of the evaluation and translation of expense reports. The game plan is created as a result of evaluating the expenditure records, and the reports generated from this evaluation are known to the organization. The board bookkeeping's main task is to decipher the accounting data and provide it to the association's specialists.

8.They are, in fact; Management accounting focuses on all cost concerns to assist the organization in making theoretical decisions against charge engineering as a resource for esteem charge minimization. To scrutinize the presentation of each division, an inside research framework is essential. Through the internal review, the superiors might learn about discrepancies in implementation. It also aids the board in determining who is responsible for what.

9. This ensures that true information management and other office leaders associations are supported. It may be required to control documenting, mimicking, imitation, presenting, and the boss's data framework, as well as to report on the effectiveness of different office equipment.

10.- it is important in;

- Organizing internal reports in a user-friendly manner

- examining the unavoidable consequences of cash-related changes

- Future exchanges' cash-related implications are becoming more widespread.

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