Deflation
Meaning of Deflation Deflation is the persistent and considerable amount of reduction in the prices of goods and services in an economy. The fall in prices should be persistent …
Inflation and Deflation
Inflation and Deflation: Meaning Inflation is the consistent rise in the prices of goods and services in an economy. This rise should be over some time in an economy. …
Budgeting Cycle – Meaning, Importance, Phases and More
Budgeting Cycle or budget cycle refers to the steps or phases that a company or an individual or a government organization needs to go through to come up with …
Activity-Based Management – Meaning, Objectives, Drawbacks and More
Activity-Based Management or ABM helps a business to analyze or evaluate the cost of business activity (or activities) based on the value addition that the activity brings. In simple …
Inventory Costing
Meaning of inventory costing Inventory means goods- be it complete or even incomplete, for sale, or for own use of a business entity at any point in time. It …
Collusive Pricing – Meaning, Types, Drawbacks and More
Collusive pricing or price collusion is a scenario when several companies agree to set the price of the good or service unanimously. Their objective could be to earn more …
Budgeted Cost – Meaning, Process, BCWS and More
Budgeted cost is an estimate of the expenses that a company expects to spend going ahead. Or, we can say it is the expenses that management estimates to pay …
Cost Behavior – Meaning, Importance, Types and More
Cost Behaviour is the change in the behavior of a cost (or costs) due to a change in business activity. The study of this change is the cost behavior …
Peanut-butter Costing – Meaning, Example, Drawbacks and More
Peanut-butter costing is one of the methods of assigning indirect/overhead costs. Under this method, the organisation assigns costs based on broad averages, rather than in a proper and targeted …
Call Provision – Meaning, Types, Working and More
A Call Provision is a provision or a clause or an embedded option in the bond that allows the issuer to retire the bond early or before maturity. It …
