4 Winiter Schneider

There are various cost accounting techniques used to measure the cost of the product. When the goods are produced only against special orders, job costing is used by firms. On the other hand, when a product passes through several processes or stages, the output of one process becomes the input of next process, and to determine the cost of each process, process costing method is applied. It is generally used when like units are to be manufactured, that too in a continuous flow. In other words, the former is used to calculate the cost of jobs or contracts which are distinct in nature, while the latter used to compute the cost charged to each process. So, here in this article excerpt, we present all the differences between Job Costing and Process Costing, in a tabular form. Content: Job Costing Vs Process Costing

Transformational Leadership Knowledge management and analytical modeling for transformational leadership profiles in a multinational company T. Ha-Vikström , J. Takala , in Successes and Failures of Knowledge Management , 2016 Transformational leadership model Transformational leadership model (TLM) is a tool that has been developed from the basis of transformational leadership ( Nissinen, 2001; Takala, 2002 ;