data-full-width-responsive="true">
Responsibility Accounting helps management with the cost and budgetary control. It focuses on the cost drivers, but not on who uses or who is responsible for those drivers. Responsibility …
Dumping is a term common in international trade. We can say it is an unfair strategy by an exporting nation to gain market share in the importing nation. In …
Budgeted Balance Sheet is similar to a regular balance sheet and has the same line items as well. The only difference between the two is that the budgeted BS …
Meaning of Discounted cash flow Discounted cash flow analysis makes use of forecasted cash flows of a company to discount them to its present value. It makes an assumption …
What is a Public and a Private Company? A company is a legal entity that is formed by an association of people for the conduct of business activities to …
Annuity formula as a standalone term could be vague or ambiguous. It can be either ‘present value annuity formula‘ or ‘future value annuity formula‘. Before we learn how to …
BANKRUPTCY – CHAPTER 11 Chapter 11 is also known as reorganization bankruptcy as it involves a significant and disruptive overhaul of a debtor’s business affairs, assets, and debts. Most …
What is Revolving Debt? Debt is something that a person, people, or businesses have borrowed from another entity and need to repay it in a specific time duration. Moreover, …
Recession and depression both talk about a downturn in an economy and slowdown in economic activities. In both scenarios, there is widespread unemployment, a fall in income, a drop …
Recession is an economic term. It means a slowdown in the economic activities, usually due to a fall in the spending levels. Such a downturn in the economic activities …
