In: Accounting assignment help


Responsibility Accounting – Assignment Help !

RESPONSIBILITY ACCOUNTING – AN OVERVIEW: Responsibility accounting is basically defined as a method of accounting in which a particular person is given the authority and responsibility to perform a particular task within a specific area of an enterprise and the deviations are identified with the person responsible rather than with the products or activities. In other words, Responsibility accounting referred to a process in which whole organization is divided into various departments and are put under the responsibility of different managers. These departments are known as responsibility centers. The persons heading the department become responsible for the activity of the entire department’s activities….


Cost Volume Profit or Break Even Analysis – Assignment Help !

COST-VOLUME-PROFIT ANALYSIS: Earning profits is one the major goal for all the business enterprises. The most important factor that can influence the earning of profit includes the volume of output or level of production. CVP analysis is basically concerned with determining the relationship of cost and profit to the volume of output. If there is an increase or decrease in the level of production due to any reason, the management of business must try to see its effects on business and use some technique to aid the management in this regards. Cost volume profit analysis also known as break even analysis…