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Sample answer: Also known as ‘profit and loss statement’, ‘statement of revenue and expenses’ it is one of the three major financial statemen ...
Sample Answer: A trial balance only enters the totals of credits against the total of debits. The fact that a trial balance tallies is only a basic a ...
Sample Answer: A trial balance is an accounting worksheet in which the balances from all ledgers maintained in the business are compiled under the he ...
Sample Answer: Accounting equation is the basic equation that keeps all the accounts of the business in a balance. When a business is started, the ow ...
Sample answer: An ‘account’ is the most basic concept of accounting. Accounts are maintained to record information. It is a specific location whe ...
Given a cubic array made up of NxNxN smaller cubes: the cubic array is N cubes wide, N cubes deep and N cubes high. Question: How many cubes are on ...
This is a variation of an iron triangle question: The Project Management Triangle (called also Triple Constraint) is a model of the constraints of pr ...
Per Wikipedia,churn or attrition rate is a measure of the number of individuals moving into or out of a collective over a specific period of time. It ...