Decision-Making: Nature, Characteristics, and Principles
What does Decision Making mean? Decision-making means to select a course of action from two or more alternatives. A decision may be defined as “A course of action which is…
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Understand the Usefulness of Cost Accounting to Managers
What is the Usefulness of Cost Accounting? The shortcomings inherent in financial accounting have made the management to realize the importance of cost accounting. Meaning: Usefulness of Cost accounting is…
Preference Shares: Explanation, Features, Good and Bad
What does Preference Shares mean? Preference Shares, as its name suggests, gets precedence over equity shares on the matters like distribution of dividend at a fixed rate and repayment of…
Equity Shares: Explanation, Characteristics, and Features
Equity Shares: Explanation, Characteristics, and Features
Business Risk: Explanation, Characteristics, and Sources
What does Business Risk mean? Business risks related to the response of the firm’s earnings before interest and taxes, or operating profits, to changes in sales. When the cost of…
Need and Benefits of Competitive Intelligence with Objectives and difference
What does Competitive Intelligence (CI) mean? Benefits of Competitive Intelligence; Competitive intelligence (CI) is the action of defining, gathering, analyzing, and distributing intelligence about products, customers, competitors, and any aspect…
What does Competitive Intelligence (CI) mean? Introduction, Meaning, and Definition
Competitive Intelligence (CI): CI means understanding and learning what is happening in the world outside the business to increase one’s competitivity. What does Competitive Intelligence (CI) mean? Introduction, Meaning, and…
Explanation of Statement of Cash Flows with Objectives
What does the Statement of Cash Flows mean? In accounting, a statement of cash flows, also known as the cash flow statement, is a financial statement that shows how changes…
What does Income Tax mean? Introduction, Meaning, and Definition
What does Income Tax mean? Introduction, Meaning, and Definition…Waiting for best or correct answers.
What does Cash Flow Statements mean? Introduction, Meaning, and Definition
Cash Flow Statements; In financial accounting, a cash flow statement, also known as the statement of cash flows, is a financial statement that shows how changes in balance sheet accounts…