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Danish Malik

Departmental Accounting; Meaning, Types, Methods, Allocation, Application

Every organization has different departments through which work takes place. There are numerous transactions through different departments on daily basis. …

Read moreDepartmental Accounting; Meaning, Types, Methods, Allocation, Application

Strategic Planning: Types, Process, Examples, Importance

Meaning of Strategic Planning In every business organization, there are some pre-defined goals and objectives that need to be achieved …

Read moreStrategic Planning: Types, Process, Examples, Importance

Accounting For Lease: Meaning, Types, Comparison

Meaning Of Accounting For Lease Often, in various businesses, the owner of the property or asset is not the real …

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Hire Purchase Accounting: Meaning, Features, Advantages, Disadvantages

Meaning of Hire Purchase Accounting The process through which generally expensive consumer goods are bought by the consumers by making …

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Inventory Valuation – Meaning, Significance, Methods

Meaning Of Inventory Valuation An inventory is the amount of stock of raw materials, intermediates, and finished goods available for …

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Forecasting: Meaning, Types, Methods, Example

Meaning Of Forecasting The term forecasting is a technique of anticipating the future by taking into consideration past historical data …

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Business Level Strategy: Meaning, Types, Advantages, Examples

Meaning Of Business Level Strategy A detailed outline comprising the company’s goals, policies, and actions with the focus on delivering …

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Business Forecasting: Types, Techniques, Need, Advantages, Limitations

There are various future risks and problems associated with the business. These risks are inherent in the business and cannot …

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Financial Forecasting: Meaning, Examples, Methods, Importance

Meaning Of Financial Forecasting The process of estimating and predicting the future performance of a business with the help of …

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Henry Fayol’s Principles Of Management: Evolution, Principles

We know that according to Newton, “every action has an equal and opposite reaction.” Well, that’s the case in physics. …

Read moreHenry Fayol’s Principles Of Management: Evolution, Principles

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