Search results for keyword: variance
MTTR
Mean Time To Repair (MTTR) is a measurement of service availability that measures the average time it takes to repair a computer or network issue. The concept extends to physical component failures as well as software or program failures. This evaluation helps to determine the amount of availabili......
1087 
Sophia
Chinese and foreign buyer's credit contract
Credit Contract between Foreign Buyer and Chinese Seller
This Credit Contract (the “Contract”), is made and entered into on this ___ day of ____, ___， by and between ____ (“Chinese Seller”) and ____ (“Foreign Buyer”)（collectively the “Parties”).
The Parties agree as follows:
1. Recit......
"Internal Audit Specific Standards No. 26 - Effectiveness Audit"
Internal Audit Criterion No. 26 — Performance Audit
Performance audit is an independent examination of an individual, group or organizations activities to assess the efficiency, economy and effectiveness of operations. Performance audits are conducted to provide assurance to stakeholders that a......
Standard Cost Management
Standard Cost Management
Standard cost management is a process for controlling labor, material, and overhead costs for producing manufactured goods or providing services. The process includes setting predetermined standards for cost elements, monitoring actual costs against those standards, and t......
Inventory cost audit
Inventory Cost Auditing
Inventory cost auditing is a critical process for businesses of all sizes. It is an independent review of an organization’s inventory while also assessing items included in the inventory such as raw materials, finished goods, and sub-components. This audit is an objective......
table knot
Standard Costing
Standard costing refers to a system of costing in which standard costs are fixed for an item of cost in advance for controlling and recording purposes. Other terms which also refer to this system of costing are current costing (Andrews, 1990), normal costing (Neumann, Rankia and ......
standard cost method
Standard Costing
Standard costing is an accounting method that uses predetermined costs to calculate cost of goods sold. It uses a set standard cost to measure any variances that could hurt operating performance. This type of cost system is most commonly used when manufacturing goods and is a cri......
differential analysis
Regression discontinuity design (RDD) is a quasi-experimental design that utilizes a discontinuity or discontinuity in the variables of interest to assess the effects of an intervention. RDD is a method of causal inference used to determine the causal impact of a treatment or intervention. RDD is ......
fixed cost method
Standard Costing
Standard costing is an accounting method used to determine the costs of producing goods, services or projects. It works by setting predetermined costs for materials, labor and other expenses before production, and then compares the actual costs with the predetermined costs to dete......
Engineering cost management
Construction Cost Management
Construction is an expensive project, and controlling its costs is essential to ensure profitability and success. An effective construction cost management system allows the construction manager to identify, monitor, and anticipate cost issues. The following are some......
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