Why the individual material management policy fails in cost accounting?

The Individual Material Management Policy. (Cost Accounting)

Material management does not only cover management of material policy. It is also related to other activities such as inventory control, material planning, executing the policy etc. Material management is closely related to the purchase budget. Material management is essential:

Accounting Software For Small Business - 3SAccounting

image source:

  • To maximize the production.
  • Reduction of the cost of production.
  • Maximization of probability.
  • Minimizing investment in capital.
  • Improving capital turnover ratio.

Thus individual material management is effective for the organisation and it fails.

Kata Mutiara Kata Kata Mutiara Kata Kata Lucu Kata Mutiara Makanan Sehat Resep Masakan Kata Motivasi obat perangsang wanita