THE IMPACT OF STANDARD COSTING ON PROFITABILITY AND MANAGEMENT EFFECTIVENESS ON A MANUFACTURING INDUSTRY
ABSTRACT This research work treat in detail the impact of standard costing on profitability and managerial effectiveness of a manufacturing industry. It also take into account what standard cost does and the check it provides or control such that exceptional profit oriented goal performance can be achieved and on the reverse, adequate punishment to be exercised for bad performance. Chapter one of this work discusses the brief history of the ...
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