Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Select a company of any business or sector. Arrange an interview with the accountant, controller or any other officer of the accounting department. The interaction

Select a company of any business or sector.
Arrange an interview with the accountant, controller or any other officer of the accounting department.
The interaction may include following question;
Whether the company is there into merchandising, service or manufacturing activities?
What are the primary products & services?
What are various fixed cost that the company incurs?
What are the various variable cost that the company incurs?
What process company uses to determine the price of the product or services?
How does the company manage the inventory? Which technique they adopt for inventory management? How they measure the inventory cost?
What is the cost structure of the company? Whether the company relies more on fixed or variable cost?
What are the various indirect expenses that the company encounters?
How an investment decision is analyzed? What are the risk return criterion used?
Whether the product offerings of the company changed recently? If yes, what factors induced those changes?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

What is the purpose of a data communications standard?

Answered: 1 week ago