Decision Making Tool for Management
Decision making tool for management includes multivoting & nominal group of techniques. Decision making tool for management is brainstorming mean you have gathering of alternative options. Decision making tool for management also describes that all the related ideas are present on the same list.
Variable/Direct/Marginal and Absorption CostingDiscussion Questions and Answers: Questions: Differentiate between direct costs and direct costing. See answer. Distinguish between period costs and product costs. See answer. Why does the direct costing or variable costing theorist exclude fixed manufacturing costs from inventories? See answer In
Limitations of Variable Costing – GAAP and External Reports: Learning Objectives: What are the limitations of variable costing? Is variable costing acceptable for external reports? Do financial statements prepared under variable costing system conform to generally accepted accounting principles (GAAP)? Practically speaking, absorption costing
Variable Costing and Theory of Constraints (TOC): The Theory of Constraints (TOC) focuses on managing constraints in a company as the key to improving profits. Companies involved in Theory of Constraints (TOC) use a form of variable costing. One difference is that in Theory