Brief description is required urgently for respectively of below technique?
Financial Control Techniques:
1. financial/ratio analysis
2.statistical reports
3.audit
4.budget
5.break even analysis
6.observations
Answers:
1. financial/ratio analysis: The cost of production
per component.
2. statistical reports: Categorized results of
collected background used to determine areas of
optimal value, or inefficiency.
3. audit: the process of determining the
exactness of submitted documents.
4. budget: parameter created for the
establishment of ends.
5. break even analysis: evaluation of the
cost/income ratio for the creation of a
budget.
6. observations: ocular nouns of
production methods and success of these
methods. Provides information vital for
evoking modify to add to usefulness.
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1. financial/ratio analysis
2.statistical reports
3.audit
4.budget
5.break even analysis
6.observations
Answers:
1. financial/ratio analysis: The cost of production
per component.
2. statistical reports: Categorized results of
collected background used to determine areas of
optimal value, or inefficiency.
3. audit: the process of determining the
exactness of submitted documents.
4. budget: parameter created for the
establishment of ends.
5. break even analysis: evaluation of the
cost/income ratio for the creation of a
budget.
6. observations: ocular nouns of
production methods and success of these
methods. Provides information vital for
evoking modify to add to usefulness.