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Financial Management
IGNOU ECO-14 Assignment 2019-20 [Unsolved]
ECO – 14: Accountancy – II 1. What are the three systems of maintaining the accounts of a dependent branch and describe how is profit ascertained under ea
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Corporate Accounting
Meaning and Types of Solvency Ratios
Solvency ratios are financial measurements used to assess a company’s ability to meet its long-term obligations and remain financially stable. These ratio
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Financial Accounting Concepts
Incomplete records system is unscientific and Inaccurate
An incomplete records system is unscientific, incomplete, inaccurate and unsystematic. Explain An incomplete records system is unscientific, incomplete, inaccur
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Cost Accounting
Meaning and Definition of Absorption Costing
Absorption costing is a method of costing that includes all costs incurred in the production process, including both fixed and variable costs. Absorption costin
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Corporate Accounting
What is the Price Yield Relationship?
The Price Yield Relationship (also known as the price yield equation) refers to the relationship between the price of a security and its yield. The price yield
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Cost Accounting
Definition of Overhead in Cost Accounting
Overhead is an essential category to be tracked and thus controlled in the cost accounting system for effective management of expenses because profitable operat
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Cost Accounting
Comparison between Standard Costing and Budgetary Control
Standard costing and budgetary control are two commonly used tools in the field of cost management. These methods play a significant role in helping organizatio
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Cost Accounting
Marginal Costing and Absorption Costing difference
Absorption costing and marginal costing are two basic methods of cost accounting. Both the methods assist companies in ascertaining product costs, profitability
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Cost Accounting
Difference between Absorption Costing and Marginal Costing
Absorption costing and marginal costing are two costing approaches that determine what should be the cost of a product. Let’s understand their differences
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Cost Accounting
What is Cost Tracing – Meaning, Purpose and Challenges
Cost tracing is an important part of cost estimation. It allows us to compare costs for a given product between different cost centres. In order to do this, we