Accounting

Advantages of Marginal Costing

There are various advantages of marginal costing, however, it’s necessary to understand what marginal cost is. Marginal costing is a method for presenting sales and cost data to managers in order to assist them in making short-term decisions such as sales mix selection, make or purchase, special order acceptance, and so on. Managers utilize it …

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Main Objective of Auditing

Main objective of auditing is  to give an independent opinion or to express a unique opinion about the financial statements of the audited entry.  In other word main objective of auditing is to express a different thoughts on  financial statements which audited as  entry . As we know Auditing simply means to inspect or examine …

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