Scribd Logo
Upload

Welcome to Scribd!

  • 4 views

    Finl Acg-Short Qns

    Uploaded by

    gmurali_179568
    Budgets are prepared in business enterprises for several reasons: to estimate future revenues and expenses, to allocate resources efficiently, and to help management control operations and costs. The weighted-average method is used to determine equivalent units of production when different units require varying amounts of the same resources to produce and the weighted average calculates an average cost per equivalent unit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Finl Acg-Short Qns

    Uploaded by

    gmurali_179568
    4 views1 page
    Budgets are prepared in business enterprises for several reasons: to estimate future revenues and expenses, to allocate resources efficiently, and to help management control operations and costs. The weighted-average method is used to determine equivalent units of production when different units require varying amounts of the same resources to produce and the weighted average calculates an average cost per equivalent unit.

    Original Description:

    Financial Accounting Short Quesions

    Original Title

    Finl.Acg-Short.Qns

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Budgets are prepared in business enterprises for several reasons: to estimate future revenues and expenses, to allocate resources efficiently, and to help management control operations and costs. The weighted-average method is used to determine equivalent units of production when different units require varying amounts of the same resources to produce and the weighted average calculates an average cost per equivalent unit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    4 views1 page

    Finl Acg-Short Qns

    Uploaded by

    gmurali_179568
    Budgets are prepared in business enterprises for several reasons: to estimate future revenues and expenses, to allocate resources efficiently, and to help management control operations and costs. The weighted-average method is used to determine equivalent units of production when different units require varying amounts of the same resources to produce and the weighted average calculates an average cost per equivalent unit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 1

    Short Questions

    Q1. Explain briefly about the reasons behind preparation of budgets in a business enterprise.
    Q2. Explain the technique of determining equivalent units of production when the weighted-
    average method is used.

    End of Question Paper

    You might also like