Valid, Void, Voidable, Essentials of a Valid Contract
by A Valid contract is a legally binding agreement that is enforceable by law. To be …
Tag: ERP Applications
Important Differences Between Bilateral Trade and Multilateral Trade
Bilateral Trade Bilateral trade refers to trade between two countries. It can take the form …
Important Differences Between Cost Accounting and Management Accounting
Cost Accounting Cost accounting is a branch of accounting that focuses on the cost of …
Important Differences Between Balance Sheet and Profit & Loss Account
Balance Sheet A balance sheet is a financial statement that provides a snapshot of a …
Important Differences Between Balance Sheet and Cash Flow Statement
Balance Sheet A balance sheet is a financial statement that provides a snapshot of a …
Important Differences Between Invoice and Receipt
Invoice An invoice is a document issued by a seller to a buyer, indicating the …
Important Differences Between Cost Audit and Management Audit
Cost Audit Cost audit is an independent examination of the cost accounts and records of …
Important Differences Between Circular and Notice
Circular A circular is a document or letter that is distributed to a large number …
Important Differences Between APC and MPC
Average Propensity to Consume(APC) The average propensity to consume (APC) is a measure of how …
Important Differences Between Allowances and Perquisites
Allowance An allowance is a form of compensation provided to employees in addition to their …