20 Basic Statistical Terms
Population? The entire group you want to study. Example: All students in a university. Sample? A smaller group selected from the population to represent it. Example: 100 students from a university. …
Theories of Corporate Governance
Theories of Corporate Governance - Agency Theory: Explanation: Imagine you own a company but you hire someone else to run it for you. The problem is, they might not always work in your best interest…
Goods (under SOGA 1930)
The Sale of Goods Act, 1930, is an important law in India that governs the sale and purchase of goods. It defines the rules and rights for buyers and sellers involved in such transactions. This arti…
Risk
Understanding Risk: A Comprehensive Guide to Its Meaning and Importance In our daily lives, the word risk often carries a negative connotation, implying danger, uncertainty, or loss. However, underst…
Understanding GDPR
GDPR Information Understanding GDPR GDPR, or the General Data Protection Regulation, is a set of rules that control how personal data can be c…
Product Development
The Ultimate Guide to Understanding Product Development and Success In the world of business, every successful company is driven by the concept of a product . Whether it’s a physical item or a digi…
Unfair Trade Practice
Understanding Unfair Trade Practice and Laws in India: A Comprehensive Guide In any economy, trade practices must be conducted ethically and transparently to ensure a level playing field for all p…
Term insurance
Term Insurance: The Key to Financial Security When it comes to securing the financial future of your loved ones, term insurance is one of the most effective and straightforward options available. Un…
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Audit
Audit: Detailed Insights and Importance in Points Auditing is a critical process in ensuring financial transparency and accountability. Whether you're a business owner, accountant, or simply inte…
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Basic Accounting Terms
Assets: Things that a business owns that have value, like cash, inventory, equipment, and buildings. Capital: Capital in business is the money and assets a company uses to start, operate, and grow …
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History
The Goods and Services Tax (GST) is a big change in how India collects taxes. Before GST, there were many different taxes, which made things complicated. With GST, these taxes were replaced by one si…
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Basic Terms of Indirect Tax
Basic Terms of Indirect Tax GST (Goods and Services Tax) : It's a tax you pay when you buy goods or services. It replaced many other taxes, making the system simpler. CGST (Central GST): A part…
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