CMCGlossary: Backflush Costing ✨ An accounting method assigning costs to products after the completion of production. 👉 Details:
that involves the process of assigning costs to products after the production process is complete. Also referred to as backflush accounting, this method comes into play when a company works backward to set the final price of the manufactured goods.When the production process starts, the company orders all the raw materials required to make its product.
With all its benefits, backflush costing comes with its drawbacks too. First, it is a complex method to implement, and any wrong step leads to the company losing money. Second, the single entry system makes it nearly impossible to conduct an audit as it requires proof of each transaction. Such a company is also found not to be following the generally accepted accounting principles , which may cause problems with potential investors.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
CoinMarketCap News, Sept 16: Big Stakers and SEC Overshadow Ethereum's Big Merge Moment | CoinMarketCapToday's crypto headlines Coinbase and Lido dominate staking 😒 Has The Merge turned ETH into a security? 😬 Nayib Bukele is seeking re-election 👀 Crypto giveaway scams are surging 📈
Leer más »
CoinMarketCap News, Sept 15: A Big Moment for Ethereum, But There's Much More Work to Be Done | CoinMarketCapIn today's cryptonews: Editor's Note: Merge = Success Ethereum completes The Merge! 🔥 The end of the beginning 🚨 Craig Wright 'stomped' on hard drive 👀 South Korea may void Do Kwon's passport 🇰🇷
Leer más »
Guest Post by Efinity: NFT Gaming is LIVE on Efinity With MyMetaverse’s Suite of Games | CoinMarketCapCMCCommunity Spotlight ✨ NFT Gaming is LIVE on Efinity With MyMetaverse’s Suite of Games 🎮 efinityio Crypto CoinMarketCap CMC CMCY $EFI
Leer más »
'Disappointing': Coinbase and Lido Dominate Ethereum Staking Rewards After The Merge | CoinMarketCapBitcoin maximalists have been up in arms about these revelations. They argue that this proves Ethereum is becoming more centralized, and censorship resistance is at risk.
Leer más »
Bagholder | CoinMarketCapCMCGlossary: Bagholder ✨ An investor who continues to hold large amounts of a specific coin or token, regardless of its performance. 👉 Details:
Leer más »
Crypto Giveaway Scams Surge as Number of Fake Domain Names Explodes, Experts Warn | CoinMarketCapWorryingly, fully fledged marketplaces have also been established to help 'even first-time non-tech-savvy scammers carry out a crypto fraud scheme' 😳
Leer más »