What is Wager Policy?

This is a kind of insurance policy in which the insured ‘does not have any ins

What is Word Processing?

Word processing is the production of letters, digits, papers, documents and so o

What is Manual Accounting?

Manual Accounting means what? It’s simple Accounting without the advantage of

What is Materiality Constraint?

Materiality constraint is the constraint of determining whether an item is large

What is Mechanized Accounting?

Now a days technology is using every sector of our way of going and with this Ac

What is Sky Advertisement?

It is an advertisement, which is made by means of an aeroplane, when a specially

What does Forum mean ?

Forum means a place where one can ask a question and get an answer from a platfo

Cost, Insurance and Freight (CIF) Definition

CIF means cost, insurance and freight.it means seller/trader has to pay the cost

What is credit period? Definition and Meaning

Credit Period means a discount facility from the seller and its also cash discou

What is direct material? definition and meaning

Direct material is the material which can be conveniently identified and traceab

What is Distribution Overhead?

It refers to all expenses incurred in connection with delivery of the product af

What is Single or Output Costing ?

Industries which produce only a single uniform product or a very small number of

What is Uberrimae Fidei (utmost good faith)?

Uberrimae fidei is a Latin phrase it denotes absolute or utmost good faith. The

What Does Product Analyst Means?

Product Analyst:The work of a product analyst plays an integral role in the begi

What is Advice Note?

Advice note is a written communication informing that a particular transaction h

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