Chara Yadav - Page 213 of 213

Difference Between Accounting Concept and Convention

Accounting is vital in delivering a firm’s information to its stakeholders on its performance, position, and profitability for decision making. Notably, accounting concepts and conventions are employed in developing financial statements based on accuracy and consistency. While accounting concepts and conventions have a significant role in processing reliable and realistic financial information, the two terms …

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Difference Between Overdraft and Loan

Common in the banking industry, the words overdraft and loan make one of the most confusing pairs of words. Notably, both of the words involve borrowing cash from a financial institution. However, the terms and conditions of borrowing some extra cash from a financial institution lead to differences between an overdraft and a loan. Overdraft …

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Difference Between PERT and CPM

Excellent project management skills play a pivotal role in the success of a business enterprise. These skills are crucial in the determination of the budget and time required for the achievement of a project’s goals. PERT and CPM are the two standard statistical techniques adopted to ensure time consciousness and cost-effectiveness in the completion of …

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Difference Between Scheduled Banks and Non-Scheduled Banks

Apart from public and private banks, there is another categorization of banks viz scheduled and non-scheduled banks. Scheduled Banks vs Non-Scheduled Banks Scheduled banks are the banks that are included in the Second Schedule of the Reserve Bank of India Act 1934. They must maintain cash reserves with the Reserve Bank of India (RBI). Non-scheduled …

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Difference Between Public Sector and Private Sector Banks

When you reach out to any bank for opening a saving or current account, you will find that there are two types of banks viz public and private banks. Public Sector vs Private Sector Banks Public sector banks are the banks that are owned and controlled by the government, while private sector banks are the …

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Difference Between Short Term and Long Term Capital Gain

When you invest money in various investment opportunities, there can be either Short or Long term gain depending upon when you sell your investments. Short Term vs Long Term Capital Gain A short-term capital gain is a profit made from selling an asset that has been held for less than one year, while a long-term …

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Difference Between Trading and Investing

Trading and investing share the same end goal — making you money. But their differences set in when you draw your attention to the nature of the risks involved. Both wall street and the stock market are marred with stereotypes that are misleading. Trading vs Investing Trading refers to buying and selling securities or assets …

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Difference Between Unit Banking and Branch Banking

Unit and branch banking are the two popular types of banks. Unit Banking vs Branch Banking Unit banking is a system where each bank branch operates independently, with separate management and operations. In contrast, branch banking is a system where multiple branches operate under a single banking institution, with a centralized management system. Unit banking …

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Author name: Chara Yadav