Business
Business related articles
5 Factors Influencing Change in Product Mix
October 23, 2017
5 Factors Influencing Change in Product Mix
Product-mix is the composite of products offered for sale by a firm or business unit. It is the collection of…
5 Alternative Product Line Strategies in Marketing Management
October 22, 2017
5 Alternative Product Line Strategies in Marketing Management
A product is “a group of products that are closely related either because they satisfy a class of need, are…
Top 7 Famous Celebrity Accountants in the World
October 11, 2017
Top 7 Famous Celebrity Accountants in the World
History tells that the first real book on accounting concepts came from Luca Pacioli, a Franciscan scholar from the Columbus…
Functions of Cash Budget in an Organization
October 9, 2017
Functions of Cash Budget in an Organization
The cash budget is an estimate of cash receipt and disbursements for a future period of time. A cash budget…
Different Components of a Master Budget
October 7, 2017
Different Components of a Master Budget
Most business organizations are too large to permit the detailed planning of the entire business in one budget. It, therefore,…
Different Types of Budgets in Finance and Accounting
October 6, 2017
Different Types of Budgets in Finance and Accounting
Budgets can be classified on the basis of functions involved, according to the time, according to the nature of transactions…
Advantages of Value Analysis and 7 Phases of Value Analysis Exercise
October 3, 2017
Advantages of Value Analysis and 7 Phases of Value Analysis Exercise
Value analysis is a very useful technique. It results in lower costs, lower prices, higher sales and more profits. In…
7 Scope And Areas for Cost Reduction in a Manufacturing Company
October 2, 2017
7 Scope And Areas for Cost Reduction in a Manufacturing Company
The strategic areas for a Cost reduction programme may be manifold. The following are a few examples of critical areas…
Difference Between Cost Control and Cost Reduction
October 2, 2017
Difference Between Cost Control and Cost Reduction
The basic and primary objective of cost accounting system is cost control ultimately leading to cost reduction. It is commonsense…
6 Most Used Techniques of Inventory Control in Cost Accounting
October 2, 2017
6 Most Used Techniques of Inventory Control in Cost Accounting
An efficient system of inventory control involves a number of steps. They are as follows: (1) Deciding the maximum-minimum Limits…