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Percentage analysis, ratios, turnovers, and other measures of financial position and operating results are useful analytical measures.
Analytical measures are useful in assessing solvency and profitability of a business. Type of analytical measures used depends on; the size of the firm or business, the capital structure f the business, the type of business activity undertaken. They are useful for evaluating the financial results of a business and the performance of management. <span />
Answer: Stand alone principle
Explanation:
Stand alone principle is the principle that is used by a company to decide whether or not to engage in a project based on the profitability of identical projects that has the same risk. Stand alone principle allows firms to evaluate a project based solely on the incremental cash flows of a firm that is related to the project.
Without stand-alone principle, the project evaluation for a firm would require the forecast of all of the firm’s cash flows.
Answer:
An adjustment factor is determined by the 'Valuer-General'
Explanation:
adjustment Factors are resolved for all properties inside a civil territory. The Valuer-General may decide Alteration Factors for characterized classes of property on a district, territory, or group of localities basis within a premise inside a city territory. These are applied to government valuations currently in force.
In occurrences where a revaluation is being completed inside a metropolitan region, utilization of Adjustment Factors won't be fundamental as the revaluation itself will be utilized by the applicable experts in the figuring of rates and expenses.
Answer:
True.
Explanation:
Managerial accounting involves managers using accounting information to better inform themselves before making business decisions. It involves analysing, interpreting and communicating financial data to managers to aid in achievement of organisation's goals.
Managerial accounting is for internal use in the business. Data is modified to meet specific need of the end-user. For example a manager may want to see sales figures for a quarter compared to business target. This will give an idea if the business is meeting it's objectives.