financial accounting and mangement

The emergence of a global economy, transformation of industrial economies, transformation of the business enterprise, and the emergence o...

Expenses Decreases in ownership claims arising from delivering goods or services or using up assets is called expenses Losses Reduc...

Out Of Pocket Cost The out of pocket often used to describe cost which have not been yet incurred and which may very among the alternat...

A sunk cost is one which has already been incurred by past action. Sunk costs are not relevant to decision because they cannot be cha...

Many major South American countries—including Argentina , Brazil , and Chile —adopted these well-intended but ultimately destructive im...

Much of Africa ’s economy is tied to its natural resources. Libya enjoys the continent’s highest per capital income--$ 7,900 in 1999—b...

The cooperation between Korean government and large firms to dominate the Korean economy is called Chaebol or a large business organiza...