FRAUD VS MISREPRESENTATION FRAUD Fraud means dishonestly making a false, untrue or misleading representation with a view to gain or…
COERCION VS UNDUE INFLUENCE
COERCION VS UNDUE INFLUENCE The difference between coercion and undue influence is as follows: COERCION Coercion means using force to…
DIFFERENCE BETWEEN STANDARD COSTING AND BUDGETARY CONTROL
DIFFERENCE BETWEEN STANDARD COSTING AND BUDGETARY CONTROL The difference between standard costing and budgetary control is as follows: STANDARD COSTING…
EXPLICIT VS IMPLICIT COSTS
EXPLICIT COSTS VS IMPLICIT COSTS The difference between Explicit costs vs Implicit costs are as follows: EXPLICIT COSTS Explicit costs…
PROCESS COSTING VS JOB COSTING
PROCESS COSTING VS JOB COSTING Process Costing vs Job Costing is as follows: JOB COSTING Job costing or job order…
DIFFERENCE BETWEEN JOB COSTING AND CONTRACT COSTING
DIFFERENCE BETWEEN JOB COSTING AND CONTRACT COSTING The difference between Job Costing and Contract Costing is as follows: BASIS OF…
DIFFERENCE BETWEEN JOB COSTING AND BATCH COSTING
DIFFERENCE BETWEEN JOB COSTING AND BATCH COSTING The Difference between Job Costing and Batch Costing is as follows: BASIS FOR…
COST SHEET VS PRODUCTION ACCOUNT
COST SHEET VS PRODUCTION ACCOUNT Cost statement may be presented in the form of ledger account termed as “production account”.…
DIFFERENCE BETWEEN TRADITIONAL COSTING AND ACTIVITY BASED COSTING
DIFFERENCE BETWEEN TRADITIONAL COSTING AND ACTIVITY BASED COSTING The difference between Traditional costing and activity based costing is as follows:…
DIFFERENCE BETWEEN ALLOCATION AND APPORTIONMENT OF OVERHEADS
DIFFERENCE BETWEEN ALLOCATION AND APPORTIONMENT OF OVERHEADS The difference between Allocation and Apportionment of overheads is as follows: ALLOCATION OF…