The main difference between internal control and internal check is, internal control is a procedure or method which is implemented by the management to control

First of all, we need to understand the term company. The company is a group of different people who get together from different regions, different

Several payments are made in the company in one day, and cash cannot be used constantly. In order to reduce the danger of bringing cash

The main difference between consignment and sale is, in the case of consignment ownership doesn’t change with the sale of goods to the other person

In this article, we see the major difference between production and productivity. What does it mean? In simple terms, production is the process in which

It’s a fact that firms get benefited after using a cost accounting system. Nowadays, almost all firms depend on cost accounting methods. But despite having

The main difference between commission and committee is, the commission is appointed by the government for a specific purpose to report to the government about

Whenever the phrase “Memorandum” is used before any account, it means that a double-entry book-keeping method is not supported. A Memorandum Revaluation account is established

Autonomous Bodies and Private companies are two different officials from different levels. This article gives a broad explanation of the differences between Autonomous Bodies and