15. Acc & Other B.functions Flashcards
1
Q
What business functions accounting has relationships with ?
A
Purchasing
Production
Marketing
Services
2
Q
Relations with purchasing (6)
A
Establishing credit terms
Prices
Payment
Data capture
Inventory
Budgeting
3
Q
Relations with production (4)
A
Cost measurement, allocation &absorp
Budgeting
Cost vs quality
Inventory (stock)
4
Q
Relations with marketing (4)
A
Budgeting
Adv
Pricing
Market share
5
Q
Relations with services
A
Rate charged
Estimating costs
Measuring benefits
6
Q
What are features of services ?
A
Intangibility
Inseparability
Perishability
Variability
