MANAGERIAL ACCOUNTING

Explain four roles played by a management accountant in a business organization. (8 marks)November 2022

Explain each of the following terms as used in queuing. (i) Queue discipline. (ii) Queueing system; (iii) | Multi-channel service facility; (iv) Waiting time.(8 marks)November 2022

A teller at Kiti savings and credit society can serve an average of one customer in every 3 minutes. On average, a customer arrives after every 4 minutes. Using the simple queuing model, determine the: (i) average number of customers in ...

Explain five advantages of decentralization in the management of a business organisation.(10 marks)November 2022