Concept Archives - ilearnlot

Accounting Content

Centralized and Decentralized Purchasing: Meaning, Advantages, Disadvantages, and Difference

Learn the Concept of Centralized and Decentralized Purchasing; Organization of the purchase function will vary according to particular conditions and ideas. Purchases may centralized or decentralized. This article explains about…

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What is the Cost concepts in Cost accounting Discussion

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9 min

Cost Accounting

What is the Cost concepts in Cost accounting? Discussion

Top 17 Cost concepts in Cost accounting: They are; 1) Product and period costs, 2) Common and joint costs, 3) Short-run and long-run costs, 4) Past and future costs, 5)…

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Difference between Traditional and Modern Concept in Business

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2 min

Difference Between Content

Difference between Traditional and Modern Concept in Business

Difference between Traditional and Modern Concept of Business: Business is concerned with producing and distributing goods and services to make a profit. This is two Concepts: Traditional concept of business…

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What is the different Concept of Business Discussion

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4 min

Business Content

What is the different Concept of Business? Discussion

Concept of Business: Business activity has been conceptualized by many business persons, business managers and academicians in the field of business management, ever since business emerged as an organized activity.…

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Utility Analysis or Cardinal Approach Meaning Definition Assumptions Features and Concept

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4 min

Business Economics

Utility Analysis; Meaning, Definition, Features, and Concept

Utility Analysis; The Cardinal Approach or Utility Analysis to the theory of consumer behavior is based upon the concept of utility. This article is to explain Utility Analysis Meaning, Definition,…

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What is Accounting concepts their 9 Concepts explanation

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10 min

Accounting Content

What is Accounting concepts? their 9 Concepts explanation

Accounting concepts; Accounting is the language of business. Business firms communicate their affairs and financial positions to the outsiders through the medium of accounting, which is the language of business…

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Monopoly Introduction Meaning Concept and Features

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6 min

Business Economics

Monopoly; Introduction, Meaning, Concept, and Features

Introduction; Monopoly is defined as a single seller or credit in the market. The monopoly refers to a market situation in which there is only one seller of a particular…

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Concept

Centralized and Decentralized Purchasing: Meaning, Advantages, Disadvantages, and Difference

What is the Cost concepts in Cost accounting? Discussion

Difference between Traditional and Modern Concept in Business

What is the different Concept of Business? Discussion

Utility Analysis; Meaning, Definition, Features, and Concept

What is Accounting concepts? their 9 Concepts explanation

Monopoly; Introduction, Meaning, Concept, and Features

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