Finance
March 05, 2023
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INFLATION - MEANING, TYPES AND CAUSES
Inflation is one of the most commonly used terms in economics because it affects individuals, businesses, and governmen…
March 05, 2023
Finance
February 28, 2023
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3 MOTIVES FOR HOLDING MONEY
According to John Maynard Keynes, there are three reasons or motives for holding money. These are transaction motive, p…
February 28, 2023
Economics
February 24, 2023
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10 EFFECTS OF INFLATION
Inflation may be defined as a sustained rise in the money prices of goods and services in the economy. There are severa…
February 24, 2023
Insurance
February 20, 2023
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UTMOST GOOD FAITH - MEANING, MATERIAL FACTS, AND DANGERS OF NON-DISCLOSURE
Utmost good faith is the positive duty to voluntarily disclose, accurately, and fully, all facts material to the risk b…
February 20, 2023
Cost accounting
February 18, 2023
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DIRECT AND INDIRECT COSTS
Based on traceability, costs can be classified into direct and indirect costs. Now let's look at direct and indirec…
February 18, 2023
Finance
February 15, 2023
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10 IMPORTANCE OF MONEY
Money plays an important role in the modern economy. In our economy today, money facilitate the exchange of goods and …
February 15, 2023
Cost accounting
February 11, 2023
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DIFFERENCE BETWEEN COST CENTER AND PROFIT CENTER
A cost center is a sub-unit within an organization that is responsible for incurring and tracking specific expenses. On…
February 11, 2023
Insurance
February 08, 2023
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INSURABLE INTEREST - MEANING, FEATURES AND IMPORTANCE
Although there are several essential elements of a valid insurance contract, the most essential element is that the ins…
February 08, 2023
Finance
February 06, 2023
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3 CLASSIFICATIONS OF MONEY
Money can be grouped into three main types, namely metallic money, paper money and credit money. Metallic money This r…
February 06, 2023
Statistics
February 06, 2023
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STATISTICS — MEANING, BRANCHES AND TERMINOLOGIES
Statistics is the systematic process of collecting, organizing, tabulating, presenting, analyzing, and interpreting dat…
February 06, 2023