Short-Term Decision Making

Throughput Accounting
Throughput accounting is an approach to short-term decision-making in manufacturing that treats all conversion costs as fixed and ranks products based on a throughput accounting ratio (TAR), particularly useful when a constraint or scarce resource exists.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.