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Lanthanum Definition Lanthanum is a soft, malleable, silvery-white metallic element of the lanthanide series. It is the eponym of the lanthanide series, a group of…

The part of the annual profit of a company distributed among its shareholders is called dividend. It is a sum of money paid regularly (typically…

Morphine Definition Morphine is a highly addictive drug derived from opium and used to treat intractable pain, as in severe injury or metastatic cancer. It…

Concept and Meaning of Standard Costing Standard costing is an important subtopic of cost accounting. Standard costs are usually associated with a manufacturing company’s costs…

Yttrium Definition Yttrium is a silvery metallic element found in the same ores as elements of the lanthanide series. It is almost always found in…

Converting Percent to Fraction and Decimal When we talk, we often use different words to express the same thing. For example, we could describe the…

Palmitic Acid Definition Palmitic acid is a saturated fatty acid occurring as combustible white crystals in many natural oils (such as spermaceti and palm oil)…

Share and Value of Shares To establish a big business organisations (company or industry), a large number of money is required. It is sometime not…

Bastnäsite Definition Bastnäsite is a rare yellow to reddish-brown mineral consisting of a carbonate of fluorine and several lanthanide metals. It occurs in association with…

Standard Costs explanation with Types Standard costs are also known as predetermined costs in terms of money, quantity or time as the basis of standard…

Catatonia Definition Catatonia is an abnormal condition often associated with schizophrenia and variously characterized by stupor, stereotypy, mania, and either rigidity or extreme flexibility of…

Concept of Variance Analysis and Types of Variances The terms variance refers to the deviation of the actual costs from the standard costs due to…