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…
Functions of entrepreneur- An entrepreneur plays a multifaceted role in the economy, involving various functions crucial to the success of a business. Here are the primary functions of an entrepreneur:…
Co‐ operation with other departments- Cooperation with other departments is a critical aspect of organizational success. It involves different departments or teams within an organization working together harmoniously to achieve…