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The process accountsThe process accounts are prepared as follows:1) The inputs into the processes such as costs of materials, wages and overheads are debited to the process account. The total cost of the process consisting of the…

Advantages and disadvantagesAdvantages of process costing1) The cost can be calculated at any periodic interval. 2) It is a simple, user friendly and affordable method. 3) It provides for effective management control. 4) It…

Features of Process Costing The following are the features of production in industries where process costing is applicable: 1) The production is a continuous flow of identical units. 2) The entire production of goods can be identified…

 Introduction Some products take a long time for being manufactured. Such time taken in their respective industries can also be identified under several stages and these stages are called processes. Meaning and definition Meaning…

Master of Business Administration (MBA): Information Management Students interested in both business and computers may enroll in a Master of Business Administration (MBA) in Information Management program, which can prepare them for…

Earning a college degree is an important step, both personally and professionally. When you consider the financial, social and cultural benefits of higher education, it is easy to see how a degree can make a big difference in your life and…

About M.com CourseThe M.Com degree is a postgraduate course offered for graduates in commerce. This is a two-year course approved by UGC. The Master of Commerce usually comprises of 2 years of regular study with a regular attendance and…

Opposition parties have called for a Bharat Bandh on September 10, Monday to protest against the rising prices of petrol and diesel, and demand the promised remunerative prices of crops and loan waiver for farmers across India. Among…

About Vidyasaarathi Scholarship Vidyasaarathi is a technology-enabled initiative launched by NSDL e-Governance infrastructure Limited to bridge a huge gap in education finance in the country through an online platform. The Tata…

 What is a Postgraduate?A postgraduate is a student who has successfully completed an undergraduate degree level course at a college or university and is undertaking further study at a more advanced level.…