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Advantages and Disadvantages of Standard Costing

Meaning of Standard Costing According to the Chartered Institute of Management Accountants. Standard Costing is “the preparation and use of …

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Distinguish between Cost Accounting and Management Accounting

Distinguish between Cost Accounting and Management Accounting Purpose The main objective of cost accounting is to ascertain and control the …

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Difference between Cost Accounts and Financial Accounts

Difference between Cost Accounts and Financial Accounts Objective  The main objective of cost accounting is to provide cost information to …

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Method of Depreciation Accounting

What is Depreciation Accounting Depreciation means a permanent and continuing fall in the value of the asset. According to the …

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Meaning and Objectives of Audit Planning

Meaning of Audit Planning Auditing simply refers to the evaluation of business books of accounts & vouchers.  It is done …

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Limitation and Importance of Social Commerce

What is Social Commerce? Social commerce is a process of selling and buying of goods or services over the social …

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Objectives of e-banking

Meaning of e-banking E-banking is a system that provides various online banking services to customers using the internet and telecommunication …

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Functions of Investment Banking

Meaning of Investment Banking Investment banking is a specific division of a bank or financial institution that provides funds to …

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Advantages and Disadvantages of Business Policy

What is Business Policy? Policies are important for business to keep operations running smoothly. Business policies are the procedures and …

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Characteristics of Marketing Management

What is Marketing Management? Marketing management is a process of managing the marketing process of company products. Every company has …

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