#1-10 Financial Accounting Questions & Answers
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Disclaimer”Please be aware that the information provided on this website is for general reference only. We NEVER REQUEST FOR MONEY, We make every effort to ensure that the information is …
Job Costing Overview: Introduction Whats is Job Costing? It is a form of specific order costing in which costs are attributed to an individual job. Job Costing is also referred …
Job Costing: Examination Guide and Format on Job Costing Read More »
Cost Accounting can be defined as a system put in place by the management to generate the amount incurred in the production of goods and services so as to determine …
Cost Accounting Definition – Introduction to Cost Accounting Read More »
What is Economics Order Quantity (EOQ)? This is the re-order quantity where the total relevant cost of inventory is minimized. EOQ is also known as optimal re-order quantity. It also …
EOQ – Definition & Assumptions of Economic Order Quantity Read More »
REFLECTION OF LIGHT Light is a form of energy that causes the sensation of vision. There are natural and artificial sources of light. Natural Sources: Sun, stars etc… Artificial Sources: …
What is Co-ordinate Geometry? Co-ordinate geometry is a branch of geometry where the position of the points on the plane is defined with the help of an ordered pair of …
Who is an Entrepreneur? An entrepreneur is a person who makes money by starting or running a business(es), especially when this involves taking a financial risk(s). An entrepreneur should have …
Entrepreneur – Practice of Entrepreneurship (Summary) Read More »
The Indifference Curve Analysis approach was first introduced by Slutsky, a Russian Economist in 1915. Later it was developed by J.R. Hicks and R.G.D. Allen in the year 1928. What …
Indifference Curve – Definition, Schedule & Properties Read More »
Principles of Bookkeeping And Accounting. Thousands of years ago, there were no standard permanent records of business transactions, but with the advancement of education and civilization, accounting data are recorded …
Bookkeeping, Accounting and the Double-Entry Principle Read More »
Suspense Accounts, Errors, and its Corrections In this article, you are going to learn all that it entails in preparing an Error and Suspense Accounts. Basically, you will learn about …
Accounting can be classified in various ways. This includes Accounting as an information system, Accounting as a Profession, Public Accounting, Private Accounting, Government Accounting, Financial Accounting, Cost Accounting, and Management …