Publication:
Matrix Equations In Reciprocal Cost Allocation: An Application In The Takaful Industry In Malaysia

Simple item page
dc.contributor.authorSharifah Fairuz Syed Mohamaden_US
dc.contributor.authorSyed Othman Alhabshien_US
dc.contributor.authorAhcene Lahsasnaen_US
dc.date.accessioned2024-05-28T03:53:28Z
dc.date.available2024-05-28T03:53:28Z
dc.date.issued2019
dc.date.submitted23/1/2020
dc.description.abstractShared and outsourced services have been generally allowed by the regulator (Bank Negara Malaysia, BNM) for commercial expediency and enhanced competitiveness of takaful companies in Malaysia. The different departments usually have a system of transferring the costs to each function; however the reciprocal method is rarely chosen. This study aims to analyze some of the methods of cost allocation through linear equations which will allow a large number of departmental cost transfers on Microsoft Excel. The study shows some relevant findings towards takaful operators’ decision on which method to adopt. The findings illustrates how the excel solver efficiently simplifies the calculation of reciprocal method of allocation which are generally avoided due to its complex computations. Keywords: Linear equations, matrices, cost allocation, takaful operatorsen_US
dc.identifier.citationMohamad, Alhabshi & Lahsasna (2019). Matrix Equations in Reciprocal Cost Allocation: An Application in The Takaful Industry in Malaysia. International Journal of Accounting, Finance and Business (IJAFB), 4(17), 66-75.en_US
dc.identifier.epage75
dc.identifier.issn0128-1844
dc.identifier.issue17
dc.identifier.other2134-2
dc.identifier.spage66
dc.identifier.urichrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/viewer.html?pdfurl=http%3A%2F%2Fwww.ijafb.com%2FPDF%2FIJAFB-2019-17-03-07.pdf&chunk=true
dc.identifier.urihttps://oarep.usim.edu.my/handle/123456789/5199
dc.identifier.volume4
dc.language.isoenen_US
dc.publisherAcademic Inspired Networken_US
dc.relation.ispartofInternational Journal Of Accounting, Finance And Businessen_US
dc.subjectLinear equations,en_US
dc.subjectmatrices,en_US
dc.subjectcost allocation,en_US
dc.subjecttakaful operatorsen_US
dc.titleMatrix Equations In Reciprocal Cost Allocation: An Application In The Takaful Industry In Malaysiaen_US
dc.typeArticleen_US
dspace.entity.typePublication

Files

Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
Matrix Equations In Reciprocal Cost Allocation An Application In The Takaful Industry In Malaysia.pdf
Size:
300.8 KB
Format:
Adobe Portable Document Format
Description:
Matrix Equations In Reciprocal Cost Allocation: An Application In The Takaful Industry In Malaysia
Download

Collections

Other Publications