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Discy Latest Questions

In: Accountancy

Which is a small segment of activity or responsibility for which cost are accumulated?

  1. afaq

    afaq

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    afaq
    Added an answer on August 17, 2020 at 9:55 pm

    Cost centre is a small segment of activity or responsibility for which cost are accumulated

    Cost centre is a small segment of activity or responsibility for which cost are accumulated

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In: Management Accounting

The problems associated with marginal costing are A     Difficulties in divisions of costs B      Problem of valuation of stocks C      Ignores time elements D     All of the above

  1. afaq
    Added an answer on May 8, 2021 at 10:47 pm

    d) All of the above

    d) All of the above

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In: Marketing

An organization with a______ orientation assumes that customers will resist purchasing Products not deemed essential. The job of marketers is to overcome this resistance through personal selling and advertising. A. Production. B. Marketing. C. Relationship. D. Sales.

  1. Ankita kirar

    Ankita kirar

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    Ankita kirar
    Added an answer on May 1, 2021 at 9:51 pm

    Marketing

    Marketing

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In: Financial Accounting

Mines quarries is the example of ___ assets a) Fictitious assets b) Liquid assets c) Intangible assets d) wasting assets

  1. afaq
    Added an answer on May 8, 2021 at 12:00 am

    d) wasting assets

    d) wasting assets

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In: Marketing

Which of the following strategies is usually followed by B2B companies with respect to promotion strategy? a) Push strategy b) Pull strategy c) Blocking strategy d) Integrated strategy

  1. Ankita kirar

    Ankita kirar

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    Ankita kirar
    Added an answer on April 21, 2021 at 12:31 pm

    push strategy

    push strategy

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In: Marketing

What is the difference between traditional and modern marketing?

  1. nadeem

    nadeem

    • MBA (finance and operations)
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    nadeem MBA (finance and operations)
    Added an answer on July 18, 2021 at 1:03 am

    The first and most obvious difference between the two is that conventional marketing concentrated on selling the company's products, ( Push marketing ) but current marketing looks at customer happiness first and then produces items that meet the demands of the consumers before selling them. ( Pull mRead more

    The first and most obvious difference between the two is that conventional marketing concentrated on selling the company’s products, ( Push marketing ) but current marketing looks at customer happiness first and then produces items that meet the demands of the consumers before selling them. ( Pull marketing )

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In: Cost Accounting

Define the term Marginal Costing ?

  1. nadeem

    nadeem

    • MBA (finance and operations)
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    nadeem MBA (finance and operations)
    Added an answer on July 1, 2021 at 1:17 pm
    This answer was edited.

    The Institute of Cost and Management Accountants’ publication A Report on Marginal Costing’ defines Marginal Costing: “The ascertainment, by differentiating between the fixed costs and variable cost, of marginal costs and of the effect on profit of changes in volume or type of output.” The phrase maRead more

    The Institute of Cost and Management Accountants’ publication A Report on Marginal Costing’ defines Marginal Costing: “The ascertainment, by differentiating between the fixed costs and variable cost, of marginal costs and of the effect on profit of changes in volume or type of output.”

    The phrase marginal cost refers to the extra cost of generating an additional unit of output, which may be calculated using the total variable cost given to one unit.

    The marginal cost, or variable cost, is charged to units of cost, whereas the fixed cost for the time is entirely written off against the contribution.

     

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In: Accountancy

Define Management Accounting. What are its Objectives?

  1. afaq

    afaq

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    afaq
    Added an answer on September 3, 2020 at 10:32 am

    Management Accounting is the process of analysis, interpretation, and presentation of accounting information to the users that collected with the help of financial accounting and cost accounting. This helps management in decision making. Objectives of Management Accounting Better Decision Making AssRead more

    Management Accounting is the process of analysis, interpretation, and presentation of accounting information to the users that collected with the help of financial accounting and cost accounting. This helps management in decision making.

    Objectives of Management Accounting

    1. Better Decision Making
    2. Assistance in Planning and Formulation of Future Policies
    3. Controls Management Performance
    4. Helps in the Interpretation of Financial Information
    5. Helps in Motivates Employees
    6. Communicates Up-to-date Information
    7. Evaluates policies effectiveness
    8. The solution for Strategic Business Problems
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In: Marketing

What does demographic means?

  1. nadeem

    nadeem

    • MBA (finance and operations)
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    nadeem MBA (finance and operations)
    Added an answer on July 16, 2021 at 5:18 pm

    The study of a population-based on variables such as age, race, and sex is known as demographic analysis. Employment, education, income, marriage rates, birth and death rates, and other socioeconomic statistics are all examples of demographic data. A firm that sells high-end RVs, for example, may wiRead more

    The study of a population-based on variables such as age, race, and sex is known as demographic analysis. Employment, education, income, marriage rates, birth and death rates, and other socioeconomic statistics are all examples of demographic data.
    A firm that sells high-end RVs, for example, may wish to target those approaching or in retirement age, as well as the percentage of those people who can afford their products.

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In: Investment

What is the difference between investment and gambling?

  1. nadeem

    nadeem

    • MBA (finance and operations)
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    nadeem MBA (finance and operations)
    Added an answer on August 10, 2021 at 8:54 am

    Both investing and gambling include putting money at risk in the hopes of generating a profit. A basic idea in both gambling and investing is to reduce risk while increasing profit. Gamblers have fewer options for loss mitigation than investors. Investors have access to more relevant data than gamblRead more

    • Both investing and gambling include putting money at risk in the hopes of generating a profit.
    • A basic idea in both gambling and investing is to reduce risk while increasing profit.
    • Gamblers have fewer options for loss mitigation than investors.
    • Investors have access to more relevant data than gamblers do.
    • As an investment, the odds will eventually work in your favor, but as a gambler, they will not.

    Diversification is one of the major distinctions between investing and gambling. Investing allows you to diversify your risk over many asset classes, whereas gambling puts all of your money into one pot with no loss mitigation method.

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