Fazal-e-Rabi | Answers

cash out flow is the amount paid off by the business to buy the goods for reselling.

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 Mark up refers to the value that a player adds to the cost price of a product. The value added is called the mark-up. The mark-up added to the cost price usually equals retail price. (economictimes.com)

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An accountant is the Qualified person who is trained in bookkeeping and in preparation, auditing and analysis of accounts. Accountants prepare annual reports and financial statements for planning and decision...

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Accounting concept refers to the basic assumptions and rules and principles which work as the basis of recording of business transactions and preparing accounts. (Sinhgad Engineering Institutes.com)

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Single-entry bookkeeping is a simple and straightforward method of bookkeeping in which each transaction is recorded as a single-entry in a journal. This is a cash-based bookkeeping method that tracks...

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Branding the marketing practice of creating a name, symbol or design that identifies and differentiates a product from other products. (entrepreneur.com)

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Batch production is the production where more variety of the products are to be made in different batches for e.g the bakery bakes a cakes in different flavors.

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A need is something you have to have to survive or complete a task. A want is simply the desire for something, in many cases something to satisfy a need. You need food to survive (quora.com)

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Above-the-line promotion is the use of promotional methods that cannot be directly controlled by the company selling the goods or service, such as television or press advertising. Compare below-the-line...

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An accounting year is a period of time, usually 12, during which businesses calculate their accounts and organize their financial activities. The accounting year, also known as the accounting period, occurs...

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