Eco 528 Study guides, Class notes & Summaries

ECO QUESTION AND ANSWERS Last document update:   ago

Q1. What is mean by the economic problem? = Economic problem is when there are not enough goods and services to satisfy people’s wants. Q2. What are the four factors of production? Explain. = They are Land, Labour, Capital and Enterprise. • Land= gifts of nature available for production. • Labour= Human effort used in producing goods and services. • Capital= Human made goods used in production. • Enterprise= Risk bearing and decision making in business. Q3. What are the numbers...

Pearson Cost Accounting A Managerial Emphasis 2 edition Last document update:   ago

BRIEF CONTENTS About the Australian authors ix About the US authors xii Preface xiv Acknowledgements xx Photo credits 1 1 Management accounting in context 2 2 An introduction to costs terms and inventory costing 28 3 Determining how costs behave 76 4 Cost–volume–profit analysis 126 5 Product and service costing 166 6 Activity-based costing and activity-based management 208 7 Cost management, capacity costing and capacity management 262 8 Decision making and relevant information ...