Tuesday, 26 April 2016

ACCOUNTING - Enumerate the steps involved in the installation of budgetary control system in an organization





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ACCOUNTING



Q1) which are the different ways by which the cost can be analyzed?


Q2) Define Budgetary Control and explain the pre-requisites for its successful    
         introduction and implementation?


Q3) Standard costing is a valuable aid to management discuss. State in brief limitation
         of standard costing?


Q4) Explain the importance of the Marginal cost technique in managerial decision
        making?


Q5) what are the advantages of cost audit?


Q6) Enumerate the steps involved in the installation of budgetary control system in an organization?


Q7) Differentiate between idle cost and standard cost?


Q8) How the total cost, variable cost and marginal cost differ from each other?




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