Liquidity Measurement Ratios: Introduction
If it is decided to study the liquidity position of the concern, then liquidity ratios are calculated. These ratios are … Read more
Finance
Current Ratio
What is Current Ratio? Current Ratio is the most widely used ratio. It compares a firm’s current assets to its … Read more
Difference Between Cost Accounting And Management Accounting
Cost accounting and Management accounting both have the same objectives of helping the management in planning, control and decision making. … Read more
Zero Base Budgeting
Zero Base Budgeting Zero base budgeting (ZBB) is a method of budgeting in which all expenses must be justified for … Read more
Budgetary Control
What is Budget: A formal statement of the financial resources set aside for carrying out specific activities in a given … Read more
Difference between Fixed Budget and Flexible Budget
The following are the main difference between fixed and flexible budget. Buy from Amazon Difference between Fixed Budget and Flexible … Read more
Difference between Budget and Forecast
Budgeting and Forecasting are two important constituents of managerial decision making process and refer to the anticipated actions and events … Read more