3 Purposes of transfer pricing.

3 Purposes of transfer pricing.

A transfer price may be defined as price related to goods or other services transferred from one sub unit (process, department, member of the group, etc) to another sub unit within the same organization. read more

Relevant cost – meaning.

Relevant cost - meaning.



Relevant cost are future cash flows arising as a direct consequence of decision.
Relevant cost must be:

  • the cost that will occur in the future
  • cost that will result in the cash flow
  • arise as direct consequence of the decision
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    4 perspective of Balanced scorecard approach to performance measurement.

    substantive procedures for directors emoulument

    Balanced score card is strategic management technique for communicating and evaluating the achievement of strategy and mission of an organization.

    substantive procedures for directors emoulument

    Balanced score card is strategic management technique for communicating and evaluating the achievement of strategy and mission of an organization.

    Reasons for popularity of contract manufacturing in recent times.

    What is standard cost?



    Contract manufacturing is the use of external suppliers for the finished products,components or service instead of producing or providing them in house.

    Reasons for popularity of contract manufacturing in recent times are;

    • Contracting out manufacturing free capital that can then be invested in core activities such as market research, marketing and sales 
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