Material Issues Method 1. (FIFO) First in First out The FIFO flow concept is a logical one for a business to follow, since selling off the… Read More »What are the Methods are used to Material Issue?
Social Values are important part of the culture of a society. Social values, norms and institutions explain the way in which social processes operate in a… Read More »Social Values: Functions and Importance
Management by Objectives Limitations Management by Objectives Limitations are refers to how MBO can use to implement business goals and objectives Failure to Teach the… Read More »Limitations of Management by Objectives (MBO)
Management Limitations Management limitations are explained below, These are the disadvantages and drawbacks to the management. Changing nature: The principles of management are not static; with… Read More »What are the Limitations of Management?
Definition of Advertising Advertising is a process of communication with the users regarding to products and services. It considered as multi-dimensional. It helps in a… Read More »What is Advertising? Advantages of Advertising
Fund Transfers Fund Transfers means send and receive money or any fund of amount from one person to another person. Here we have secceral Mode… Read More »Types of Fund Transfers: IMPS,NEFT,RTGS
Supervision is one of the function of management. It is the act or process of directing a person or group of people. Supervision Types It generally… Read More »What is Supervision? Different Types of Supervision
Transportation is the process of physical movement of products and people from one place to another place. The means which are used to transport products… Read More »What is Transportation and Different Modes
Suspense Account Suspense account is an account in the general ledger in which amounts are temporarily recorded. It is used when the proper account cannot… Read More »What is a Suspense Account in Accounting?