Allocation and Apportionment of expenses- Allocation and apportionment of expenses are accounting methods used to distribute costs to different departments, projects, or products within an organization. Here’s a breakdown of…
Objectives of Departmental Accounting- The objectives of Departmental Accounting are: Performance Evaluation: To evaluate the performance of each department separately, by tracking revenues, expenses, and profits. Cost Control: To identify…
Meaning and Definition of Departmental Accounting- Departmental Accounting refers to an accounting system where the financial activities of each department within a larger organization are tracked separately. This system allows…
Purpose of Inventory Valuation- Inventory valuation is a crucial accounting process that involves determining the value of a company’s inventory at a given point in time. The purpose of inventory…
Role of Housekeeping in Hospitality- Housekeeping plays a crucial role in the hospitality industry, as it is responsible for maintaining cleanliness, order, and aesthetics in hotels, resorts, and other lodging…
Catering Science- I- "Catering Science-I" is a term that typically refers to a course or subject related to the field of catering and food service management. Catering is the business…
Kitchen Operations Management- I- It appears you're looking for information related to a course or topic called "BHMCT Kitchen Operations Management- I." BHMCT typically stands for Bachelor of Hotel Management…