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It refers to the economies / benefits which a firm gets internally due to the expansion of scale of production.
This is a well known concept of economic theory.
A central tendency=y refers to a central value or a representative value of a statistical series.
Management accounting covers all those services by which the accounting department can assist the management of business enterprise in formulation
The normal distribution is one which appears in a variety of statistical applications. One reason for this is the central limit theorem.
Money measurement concept holds that accounting is a measurement and communication process of the activities of the firm that are measurable in monet
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