W hy Needs New Simultaneous Method in Financial Accounting? The simultaneous method is a new technique basically used in the modern manufacturing process to ensure proper product development and maintaining ‘product quality’ through the incorporate production process. The process of product development is established that all necessary stages are completed at the same time by simultaneously instead of in “sequential technique”. At first, it is more importantly needed to generate some of the basic differences between simultaneous method and sequential method. The concepts both sequential method and simultaneous method are widely used in production plan and activities. Sequential method is a technique to describe the linear format in production. The process includes the different stages which are normally done one after another, providing all attentions and resources focused on that one task or stage. After the completion of one stage successfully it is left alone an...
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