⟩ What when a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?
Fiscal year.
Fiscal year.
Explain what are business cycles and what role do the Federal Reserve and Federal Government have in trying to control them?
Define abnormal cost?
Define controllable cost?
Define normal cost?
Define uncontrollable cost?
Define cost center?
Define cost accountancy?
List the different types of cost?
Define sunk cost?
Explain the advantage of mixed economy system?