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Importance and Characteristics of Group

Meaning of Group A group is a collection of two or more people, those are working together, exchanging ideas. the …

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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 …

Read moreAdvantages and Disadvantages of Standard Costing

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 …

Read moreDistinguish between Cost Accounting and Management Accounting

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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