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Managerial Accounting Concepts

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1. Explain the classification of cost by its nature and behaviour. Also
explain the procedure of establishing the cost system.
2. What are the advantages and limitations of budgetary control?
What are the types of budget (specially focus on flexible, fixed and
cash budget)?
3. Write in detail the difference between US GAAP and INDIAN
GAAP.Explain Indian GAAP Clearly.
4. Explain the concept of Human Resource Accounting and Inflation
Accounting?What are the component considered for both type of
accounting.

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1.  Explain the classification of cost by its nature and behaviour. Also explain the procedure of establishing the cost system. 2.  What are the advantages and limitations of budgetary control? What are the types of budget (specially focus on flexible, fixed and cash budget)? 3.  Write in d ...
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