explain on how cloud accounting can give a benefit to accountant in completing the accounting job and what is the relation with cost management?

Q: How can an accounting information system provide management with information for better…

A: Accounting Information System: Accountants, consultants, business analysts, managers, chief…

Q: Why is cost estimation an important function in managerial accounting?

A: Cost estimation involves predicting the cost to be incurred for the production of goods and services…

Q: How can computerized accounting help improve the reliability and flexibility of any manual…

A: Accounting is the process of recording the financial transaction to ascertain the financial position…

Q: how cloud accounting can benefits accounting department?

A: Cloud accounting is a kind of accounting software which can be used remotely via internet in…

Q: how to relate cloud accounting with cost management?

A: Cloud Accounting Cloud Accounting software is similar to traditional, on premises or self installed…

Q: How does computerised accounting system could help to improvise better reporting  sytem in…

A: An accounting system in which the events and the process of final transactions are in accordance to…

Q: Discuss development needs and skills required for managerial accounting job and future goals?

A: The objective of this question is to understand the skills and development needs required for a…

Q: Explain the relationship between the Cost Management System and the Financial Accounting System

A: Point of Differences Financial Accounting System Cost Management System Meaning…

Q: How does customer Satisfaction relate to management accounting? Give a practical example.

A: Customer satisfaction and management accounting are intrinsically connected in the corporate sector.…

Q: What is a computerized accounting system? Write its advantages and disadvantages?

A: Computerized Accounting System It is a system where accounting Transactions are recorded using a…

Q: What is the difference between a financial accounting information system and a cost management…

A: Financial accounting and Cost accounting are two different systems in accounting, which are used for…

Q: primary users of managerial accounting information

A: Accounting information is presented in the financial statement of the company. The financial…

Q: How cost accounting is useful for external user as Government ,and customer etc.support your answer…

A: Cost accounting system is a framework that guides the firm to calculate their cost and helps in…

Q: How an accounting information system can improve the efficiency and effectiveness of the supply…

A: solution:- Introduction:- An information system play vital role in every organization. It is the…

Q: Discuss the difficulties associated with manual cost accounting and how the organization may improve…

A: Various difficulties associated with manual cost accounting system are as under : a.) Manual entry…

Q: What are the functions of Management Accounting? Explain

A: Management accounting is the one which helps the managers within the company to make decisions and…

Q: What benefits do we get from learning a Managerial Accounting course?

A: Managerial accounting is very useful for the management to take business decisions as it provides…

Q: Why does a cost accountant need to be familiar with new developments in information technology?

A: Answer:- Cost accounting meaning:- A company's cost structure is reported on an examined through…

Q: Importance of cost accounting to an Accounting student

A: Cost accounting is an essential part of every business. This will help you to make better financial…

Q: How is Artificial Intelligence (AI)  affecting accounting systems jobs etc ?

A: Accounting is the process of recording, classifying, summarizing, and interpreting financial…

Q: 2. Al Nebras Company has budgeted production for next year as follows: 1st Year Q1 30,000 Q2 40,000…

A: We know, Budgeted Purchases = Material Required + Ending Inventory - Beginning Inventory   So we…

Q: 2. The following information was provided by XYZ Company for the current year: Number of units 1,000…

A: Break-even point in sales quantity = Fixed expenses/Contribution margin per unit   Break-even point…

Q: How cost accounting is useful for external user as Government ,and customer etc,support your answer…

A: Cost accounting gives complete details of the cost incurred in the manufacturing of the product and…

Q: Management accounting can be customized to the specific firm for which the information is being…

A: Management accounting refers to accounting information presented in a manner in which it will be…

Q: Explain how a management accountant can help their supply chain colleagues.

A: A management accountant can help their supply chain colleagues in a number of ways, including: 1.…

Q: The benefits we get from learning Managerial accounting explain?

A: Management accounting involves identification, analysis, interpretation and communication of cost…

Q: agerial

A: Managerial accounting is the process of identifying, analyzing, interpreting and communicating…

Q: Explain the role of cost accounting as it relates to financial and managerial accounting

A: The main focus of cost accounting is on cost information and cost control (managerial use), while…

Q: Cost of Goods Manufactured. ABC has provided the following data for the month in June. The cost of…

A: In terms of managerial accounting, the cost of goods manufactured represents the amount of total…