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Marc Martinez

on 4 January 2013

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Transcript of business

FINANCE ACCOUNTING HR SALES & MARKETING MANUFACTURING DECISION MAKING Top level management is responsible in evaluating and analyze the output (financial statement) given by the accounting department to judge the economic condition and business performance of the company. PAYROLL COST PROFIT cost are consider as an expense on the part of the company. It should be minimize without any sacrificing the quality of the product. Is the value of money that has been used up to produce something, and hence and is not available for use anymore. the difference between the purchase and component cost of delivered goods and/or services and any operating or other expenses. is the sum of financial records of salaries for an employee, wages, bonuses and deductions. FINANCIAL STATEMENT HIRING OF EMPLOYEES is the set of individuals who make up the workforce of an organization SALES AGENT the provider of goods or services- completes a sales in response to an acquisition or to an appropriation or to a request. FINISH GOODS products that are readily for sale. MARKETING PROGRAM advertisement print advertising broadcast advertising outdoor advertising product packaging innovations the market location customers selling PLANNING specific measurable attainable realizable time bound PURCHASING organization attempting to acquiring goods or services to accomplish the goal of its enterprise. PRODUCTION raw materials work-in-process finish product MANUFACTURING COST DIRECT MATERIAL DIRECT LABOR MANUFACTURING OVERHEAD COST ACCOUNTING information designed for managers. Since managers are making decisions for their own organization, there is no need for the information to be comparable to similar information from other organizations. Cost Accounting as the process of collecting, analyzing, summarizing and evaluating various alternative courses of action based on the cost efficiency and capability of the management. MANUFACTURING COMPANY PREPARED BY: MAMARADLO, Charles B.
MARTINEZ, Marc Angelo B.
NAGAYOS, Jester B.
RAMIL, Theou P.
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