UNIT COSTSUNIT COSTSPROCESS COST SYSTEMThe process cost system is used by firms manufacturing identical products in a continuous mass production. As opposed to job order Read more


CORPORATIONSCORPORATIONSINTRODUCTION TO CORPORATIONSA corporation is an legal entity created by state law. It has a distinct and separate existence from the individuals who created it, Read more


BUDGETSBUDGETSINTRODUCTION TO BUDGETINGBudgets are formal operating plans expressed in financial terms. Budgets help management1- planning for the future and setting goals,2- motivating employees,3- coordinating activities,4- Read more


COST ACCOUNTINGCOST ACCOUNTINGINTRODUCTION TO MANUFACTURING OPERATIONSIn manufacturing, raw material is transformed with the help of labor and machinery. In a merchandising firm, only one type Read more


LIABILITIESLIABILITIESCORPORATE FINANCING OPTIONSCorporations can raise funds by issuing common stock, preferred stock, long-term bonds or notes. The board of directors is responsible for choosing financing Read more


MASSABOOKMideast Stocks Sink With Oil as Saudis Pin Crude Halt on OthersTadawul All Share Index drops to lowest level in five weeksPlanned Aramco IPO seen Read more