Difference between Put Option and Call Option

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Options •           An options give the holder (firm) the right (not the obligation) to buy or sell an asset in the future at an agre...

Difference between Forward Contract and Futures Contract

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Forward Contract •       These are agreements where 1 party agrees to buy a commodity at a specific price on a specific future date  ...

Financial Ratio Analysis Formula

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Financial statement analysis can provide clues to underlying conditions that may not apparent from individual financial statement componen...
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Cost Accounting Planning & Control by Adolph, Usry

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Book Name: Cost Accounting Planning & Control   Authors: - Adolph Matz phd Professor Emeritus of Accounting The Wh...

Accounting Principles by Weygandt, Kieso & Kimmel

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Book Name: Accounting Principles Authors: -Jerry J. Weygandt Phd. CPA Arthur Andersen Alumni Professor of Accounting Univer...
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Managing Accounting by H. Garrison, W. Noreen & C. Brewer

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Book Name: Managing Accounting Authors: -Ray H. Garrison D.B.A CPA Brigham Young University -Eric W. Noreen, Ph.D, CMA Prof...

Limitations of Backflush Costing

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This system does not strictly adhere to Generally AcceptedAccounting Principles (GAAP) . For example, work in process exists, but is no...

Costs & Benefits of Backflush Costing

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‘Backflush Costing’ by organization manufacturing in cells, reducing defects and manufacturing lead time, and ensuring timely delivered...

Difference between Backflush Costing and Conventional Costing

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Two major differences between the two systems are: Under conventional costing raw materials go to raw materials inventory, they...
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Different Types of Costs

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Cost A sacrifice or giving up of resources for a particular purpose, frequently measured by the monetary units that must be paid for goods ...