Differentiate between business plan and business model?

Q: Explain in detail and also give example. Business Entity concept

A: Accounting concepts: Accounting concepts laid the foundation for recording all the financial…

Q: What is matching principle and give example of business situation of it

A: Accounting is a process which is followed by complying with various accounting principles. One of…

Q: Accounting function definition in a firm. Whence comes the function, and why is it required? What…

A: Accounting is the systematic and detailed documentation of a company's financial transactions in a…

Q: Discuss the motives for business combinations.

A: A business combination is a combination of two independent firms in which one business acquires…

Q: What is accounting base on

A: The term that is related to the recording of the business transactions, summarizing the data, and…

Q: Why is it important to have a mission statement in developing a business plan

A: Business plan can be defined as the written document that formally contains goals or objectives of…

Q: What is matching concept? Why should a business concern follow this concept? Discuss.

A: Matching concept: According to this principle, the expense should be recognized when it is actually…

Q: In a business plan, this indicates why the organization's exists Group of answer choices A  goal A…

A: vision mention the desired future position of the organisation which it wants to achieve.

Q: What are the uses of a business plan?

A: The business plan is the policy, directions, and instruction that help in achieving the objective of…

Q: How do management accountants supportstrategic decisions?

A: Management Accounting: Management accounting is a branch of accounting that is aimed at providing…

Q: Differentiate Financial Reporting and Management Reporting. How are they related?

A: Financial report shows the financial results of the company which has already achieved. Management…

Q: QUIRED: Identify business and nonbusiness transactions

A: Business transactions are identified as economic events that are made with a third party and these…

Q: The importance of research on accountancy and business

A: Accounting is the process of recording the monetary transactions and prepare the financial…

Q: A business opportunity must be identified and analyzed

A: It is possible to comprehend business opportunities by analyzing their meaning, aims, and different…

Q: What is business entity principle give example of business situation of it

A: Bussiness entity concept is one the accounting principles. It says that the bussiness and its owners…

Q: Explain the importance of a business report.

A: A business report is a report or a document which is essentially includes an array of data and…

Q: Describe the relationship between business objectives and stakeholders interest.

A: Each business has certain objectives most common are maximize wealth and achieve growth but that is…

Q: What is going concern principle and give the example of business situation of it

A: Going concern principle in accounting refers to the concept which implies  that a business  is…

Q: accounting definition?

A: Accounting means a process of recording , classifying , summarizing , interpreting and communication…

Q: What is a business activator?

A: The business is an organization that is managed by a group of people or by an individual to sell the…

Q: Describe all the segments of business plan?

A: Business plan is the blueprint which defines the strategies, nature and operating activities that…

Q: Explain an example of business segment.

A: A business segment is a part of a company that can be identified by the products it provides or by…

Q: In business quantitative analysis, what is suitable decision tools applied?

A: Quantitative analysis : Quantitative analysis is a tool used in business to understand the course of…

Q: What is the most fundamental accounting model?

A: Solution:- Introduction:- Accounting model play vital role in accounting. Accounting model gives…

Q: What are the various forms of business organization? What are the advantages and disadvantages of…

A:

Q: Give an example of how cardinality relates to business policy.

A:

Q: What are the different types of business organization?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Emphasize the role of the financial manager and his or her responsibilities.

A: The financial manager and his or her responsibilities:

Q: How do you write a business problem statement?

A: A problem statement is defined as the problem faced by the business as well as identification of a…

Q: What is a business process and what role does it play in an organization?

A: The question is based on the concept of business accounting.

Q: What is cost principle and give example of business situation of it

A: The cost principle is an accounting principle that requires assets, liabilities, and equity…

Q: Explain the internal business process perspective.

A: The internal business process perspective.

Q: List the major components of a business plan. What components are ofprimary concern to you, and why?

A: A business plan is a structured document that outlines how an organization – typically a start-up –…

Q: How distinguishes accounting and business administration from each other

A: Accounting: It is the process of recording any financial transactions incurred in the financial year…

Q: Explain the importance to understanding the business operation flow.

A: Definition:   Business: Business can be defined as a work that includes exchange or production of…

Q: what is creative accounting ?

A: Creative Accounting: It refers to those accounting practices which try to present company's…

Q: What is the relationship between the value chain and management accounting?

A: Managerial accounting refers to the practice of recognizing, estimating, breaking down, deciphering,…

Q: Describe the business functions in the value chain?

A: The concept of value chain was described by Micheal Porter which implies the set of particular…

Q: what are the different form of business organization. Explain and write down there advantages and…

A: By different form of business organization, it means the different structure of business ownership,…