Category: Accounting Explanation
Differences Between Costs, Price, and Value with Table
Accounting, Accounting Explanation, Finance, Finance Explanation, Marketing, Marketing Explanation, Production Management, Production Management ExplanationCost Cost is the amount of money a business spends to make a product or provide a service. It is influenced by the prices of raw materials, a…
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7 Key Factors Affecting Financial Decisions
Finance is all about managing, creating, and analyzing money and investments. It includes borrowing, investing in stocks and bonds, and using other financial tools. To fund business operations…
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How to Reduce Working Capital in a Business? Explained
Working Capital Working capital is a financial tool that shows a company’s ability to pay its short-term debts. By measuring the difference between its current assets and liabilities.…
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Short-Term Finance, Medium-Term Finance, Long-Term Finance with Chart
Short-term investments Short-term investments are investments that you expect to hold for less than a year. These might include things like savings accounts, short-term government bonds, or even…
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4 Main Stakeholders who provide Finance to the Businesses
The 4 main stakeholders who provide finance to businesses are creditors, shareholders, investors, and lenders. These stakeholders have a special relationship with the business. Because they play an important…
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What is Activity-Based-Costing (ABC) & How Does It Work?
ABC full form is Activity Based Costing The ABC method of cost accounting is use to give costs to specific activities that a company carries out, such as services, projects, products,…
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