Tag Archives | Types

Top 6 Types of Costing Systems | Cost Accounting

The following points highlight the top six types of costing systems. The types are: 1. Historical Costing 2. Absorption Costing 3. Direct Costing 4. Marginal Costing 5. Standard Costing 6. Uniform Costing. Type # 1. Historical Costing: In this type of costing system, the costs are ascertained only after they have been incurred. The main […]

Shares Issued by a Joint Stock Company

The following points highlight the top two classes of shares issued by a joint stock company. The types are: 1. Preference Shares 2. Equity Shares. Joint Stock Company: Type # 1. Preference Shares: Preference shares are those which carry; (i) A preferential right as to the payment of dividend during the lifetime of the company, […]

4 Main Types of Accounting Ratios

The following points highlight the four main types of accounting ratios. The types are: 1. Return on Investment 2. Profitability Ratios 3. Return on Proprietors’ Funds 4. Return on Equity Capital. Accounting Ratios: Type # 1. Return on Investment: Profitability or the Return on Investment is the basic casual ratio. It is ascertained by a […]

Top 7 Types of Non-performing Asset

The following points highlight the top seven types of non-performing assets. The types are: 1. Term Loans 2. Cash Credit and Overdrafts 3. Agricultural Advances 4. Exempted Assets 5. Advances under Rehabilitation Packages 6. Take-out Finance 7. Advances Covered by the Guarantees of DICGC/ECGC. Non-performing Assets: Type # 1. Term Loans: A term loan facility […]

7 Main Types of Non-Cash Bank Transactions

The following points highlight the seven main types of non-cash transactions. The types are: 1. Demand Drafts and Telegraphic Transfers 2. Travellers Cheques and Letters of Credit 3. Any Time Money (ATM) Cards have Made Traveller Cheques 4. Acceptances, Endorsements and Other Obligations 5. Bills for Collection 6. Bills Purchased and Discounted 7. Rebate on […]

Cost Types: 3 Main Types of Cost

This article throws light upon the three main types of costs. The types are: 1. Fixed Costs 2. Variable Costs 3. Semi-Variable Costs. Type # 1. Fixed Costs: Fixed Costs also referred to as non-variable costs, stand-by costs, period costs or capacity costs are those costs which do not vary with changes in volume of […]

Top 3 Types of Leverages (With Formula and Calculations)

This article throws light upon the top three types of leverage. The types are: 1. Financial Leverage 2. Operating Leverage 3. Composite Leverage. Type # 1. Financial Leverage: A firm needs funds so run and manage its activities. The funds are first needed to set up an enterprise and then to implement expansion, diversification and […]

Debenture Types: Top 13 Types of Debenture

This article throws light upon the top thirteen types of debenture. The types are:  1. Simple, Naked or Unsecured Debentures 2. Secured or Mortgaged Debentures 3. Bearer Debentures 4. Registered Debentures 5. Redeemable Debentures 6. Irredeemable Debentures 7. Convertible Debentures 8. Zero Interest Bonds / Debentures 9. Zero Coupon Bonds 10. First Debentures and Second […]

3 Main Types of Inter-Firm Comparison | Cost Accounting

The following points highlight the three main types of inter-firm comparison. The types are: 1. Management Ratios 2. Cost Ratios 3. Technical Data. Inter-Firm Comparison: Type # 1. Management Ratios: The management ratios are those which are linked to sales, profits and assets of a business. These ratios are meant to provide management in a […]

5 Main Types of Responsibility Centre

The following points highlight the five main types of responsibility centre. The types are: 1. Cost Centre 2. Revenue Centre 3. Profit Centre 4. Contribution Centre 5. Investment Centre. Responsibility Centre: Type # 1. Cost Centre: These are segments in which managers are responsible for costs incurred but have no revenue responsibilities. The performance of each […]

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