27
Jul 14

Advantages and Disadvantages of FIFO Method

FIFO is the term used in the context of inventory management, full form of FIFO is First In First Out. It refers to that method through which raw materials for final production are used in order of their entry into storehouse, so the raw materials which came first will be used first and materials which […]


Continue Reading...


20
Jul 14

Relationship between Finance and Marketing

Finance and marketing are the two pillars on which the growth and profits of company are dependent and to think that marketing and finance have no relationship is a mistake because if the company does not integrate finance and marketing then it is in big trouble as they both are needed together in order to […]


Continue Reading...


16
Jul 14

Questions on Deprecation

Let’s look at some multiple choice questions which are based on the concept of deprecation – Q 1 Deprecation is less under straight line deprecation method than written down value method during – A) First few years B) Last few years C) It is always higher D) It is same under both the methods Correct […]


Continue Reading...


13
Jul 14

Features of Recession

Recession refers to that economic condition where there is general slowdown in the economy leading to fall in profits of the company, rise in unemployment rate and negative growth in various important sectors of the economy. As a rule of thumb if there is negative GDP growth in 2 consecutive quarters then that economy is […]


Continue Reading...


09
Jul 14

Questions on Demand and Supply

Let’s look at some multiple choice questions which are based on the concept of demand and supply in economics – Q.1 When demand for good increases whether price for good A) Rises B) Falls C) Remains Unchanged D) None of the above Correct answer is Option A Q.2 What will be the consequence of rise […]


Continue Reading...