Debit Note vs Credit Note – All You Need To Know
Purchase and sale transactions are day-to-day operations between the buyer and the seller. Similarly, returning goods is also a normal business activity. If the… Read Article
Bank Rate vs Repo Rate – All You Need To Know
The bank rate and Repo rate are both parts of the interest rate policy of the country’s central bank. Both these rates come into… Read Article
Forwards vs Futures Differences
Forwards and Futures are a type of derivatives contract which derives their value from the performance of underlying assets. Both types of contracts allow… Read Article
Accounts Receivable vs Accounts Payable – All You Need To Know
Accounts Receivable and Accounts Payable are business terms that are primarily used in accounting. The real difference between Accounts Receivable vs Accounts Payable is… Read Article
WPI vs CPI – All You Need To Know
Wholesale Price Index (WPI) and Consumer Price Index (CPI) are two crucial metrics that help in defining the prices of the goods and services… Read Article
Controllable Cost; Decoded With Illustration
What is a Controllable Cost?As the name suggests, a straightforward definition of controllable costs is costs that can be controlled. Such costs are controllable… Read Article
What are Capital Markets?
Meaning of Capital MarketCapital market is a financial market for long-term securities that includes both debt and equity. Companies and governments can raise long-term… Read Article
GDP vs GNP – All You Need To Know
Gross Domestic Product (GDP) and Gross National Product (GNP) are important measures that define the health of the economy. GDP defines the total value… Read Article
Cost Leadership – The Why & How of It
What is Cost Leadership?Cost leadership is a competitive strategy that businesses leverage by reducing their costs to the maximum extent possible to enhance profits.… Read Article
Correlation vs Covariance – All You Need To Know
Correlation and Covariance are popular terms used in Maths, specifically Statistics. Both the concepts help in establishing a relationship between two different factors. Due… Read Article
Budgeting Examples
Budgeting or budget is basically planning all your revenue and expenses ahead. Companies usually project their revenue and expenses for a specific time period,… Read Article