What is Management Accounting ? Management accounting is a vital aspect of a company's internal operations, focusin…
What is Standard Costing ? Standard Costing is a sophisticated technique, under which the standards are decided in adva…
What is Marginal Costing ? The term 'marginal cost' is derived from an important economic concept of 'marg…
What is Financial Statements ? Financial Statement (also referred to as the "Financial Report") is a formal …
What is Tally ? Tally is a popular accounting software. It is used for the purpose of creating and organizing accounts…