Tag: B.Com

Accounting concepts: Accounting concepts mean and include those basic assumptions or conditions upon which the science of accounting is based. The ...

Reservation Bank of India (RBI) has play multiple roles in India, which can be broadly categorized as traditional role, supervisory role and promotional role. ...

Departmental stores: A large-scale retail store which contains various departments in which each department sells a particular type of product called a ...

Definition of a Company: Section 2 (20) of the Companies Act, 2013 defines a company as a company incorporated under this Act or under any previous company ...

Consent When two parties enter into a contract the first thing that is required is perfect mutual understanding regarding the subject matter of the ...

Provisions in respect of number of directorships are as follows: No person, after the commencement of this Act, shall hold office as a director, including ...

Dividend refers to that portion of the profits of a company which is allocated to the members of the company by a formal declaration in the annual general ...

Provisions in respect of DIN are as follows : Application for allotment of Director Identification Number : Every individual intending to be appointed as ...

Distinction between Managing Director and a Whole time Director: Managing Director: Control of Management:  He  has   ...

Merits of Geometric Mean It is rigidly defined.It is based on all the items.It is capable of further algebraic treatment.It gives less weight to large ...

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