Accounting is one of the pillars of an organization and assumes a lot of importance when it comes to the growth of an organization. Accounting…
13 Types of Bill of Lading
What is Bill of Lading? In simple words, Bill of Lading is nothing but a receipt. The word Lading means loading which is read from…
10 Types of Budget that exist for Businesses
Budget is defined as a plan, financial in nature, for a predefined period usually for a period of one year. For example, a sum of…
Triple Bottom Line (TBL) Definition Concept
The Triple Bottom Line Concept (TBL) framework or theory broadens the focus of the business on social and environmental factors and not only on the…
What is fixed expenses ? Examples of Variable Costs
The expenses that occur in businesses are classified into two types – fixed expenses and variable expenses. Fixed expenses are those expenses that do not…
Variable Expense
The expenses that occur in businesses are classified into two types – fixed expenses and variable expenses. Fixed expenses are those expenses that do not…
What Is Gross Profit Margin And How To Calculate Gross Profit?
In a company, matters to do with finance play an integral role in determining the direction of the business. It is always prudent for the…