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Posted by Terms compared staff | Jun 2, 2019 | Accounting |
Definitions and meanings: Relevant Cost: In relation to a decision or project, relevant costs are those costs that only affect that particular decision or project and those costs are irrelevant or unnecessary for any other...
Read MorePosted by Terms compared staff | Jun 2, 2019 | Accounting |
Assets are properties or economic resources that a commercial entity owns, controls and uses in the course of carrying out its operations. All forms of business including corporations, firms, partnerships and sole...
Read MorePosted by Terms compared staff | Jun 1, 2019 | Accounting |
Dividend refers to a part of the organization’s profit that is not retained by the business but distributed among it’s owners, i.e. shareholders, based on the number of shares held by them as a return on their investment....
Read MorePosted by Terms compared staff | May 30, 2019 | Management |
Definitions and meanings: Board of directors comprises of a group of people who administers and governs the activities of an organization. The organization can be a profit seeking, non profit seeking, governmental or a...
Read MorePosted by Terms compared staff | May 29, 2019 | Management |
Definition: Centralization and decentralization are two types of systems based on which the decision-making takes place within a business or an organization. Difference between centralization and decentralization The main points...
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