Advantages of Accounting Rate of Return
ARR Stands for the Accounting Rate of Return (ARR) or Average Rate of Return (ARR). It is the percentage rate of return expected on investment…
Accounting
Net Present Value (NPV)
Net Present Value (NPV) Net present value (NPV) is a discounted technique, which considers the time value of money. It is the value in the…
Advantages And Disadvantages Of Financial Accounting
The meaning of Financial Accounting can be defined as a procedure of documenting, encapsulating, and reporting the multiple transactions resulting from trading operations over a…
Advantages And Disadvantages Of Cost Accounting
The meaning of Cost Accounting can be defined as an accounting system that aspires to capture an enterprise’s costs of manufacturing by evaluating the input…
Difference Between Cost Accounting And Financial Accounting
Definition of Cost Accounting – Cost Accounting is the field of accounting that is used to record, summarize, and report the cost information on a…
Disadvantages of Net Present Value (NPV)
The net present value (NPV) method can be a very good way to analyze the profitability of an investment in a company or a new…
Advantages And Disadvantages Of PERT And CPM
Definition of PERT – Program (Project) Evaluation and Review Technique (PERT) is a project network analysis technique that is used to undergo planning and controlling…
Difference Between PERT And CPM
Program (or Project) Evaluation and Review Technique (PERT) – PERT is an acronym for Program (Project) Evaluation and Review Technique, in which planning, scheduling, organizing,…
Advantages of Net Present Value (NPV)
Net Present Value (NPV) is one of the discounted cash flow techniques used in capital budgeting to determine the viability of a project or an…
Difference Between Journal And Ledger
Definition of Journal – The journal is the regular book to maintain daily transactions which are recorded for the first time when the transaction occurs.…
Difference Between Unadjusted And Adjusted Trial Balance
Unadjusted Trial Balance – An unadjusted trial balance is what we get when we calculate account balances for each individual account in our books over…
Difference Between Trial Balance And Balance Sheet
Trial Balance – Trial Balance is a statement that lists all the balances of the Real, Personal, and Nominal Account irrespective of Capital or Revenue…
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