There are some distinct differences between project management and operations management. These differences are presented below Project management is a temporary activities or a process, whereas operations management is a ongoing activities or process. Project management is unique task in nature, on the other hand operations management is repetitive task in nature. Project management’s purpose …

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With the passage of time, fixed assets except land lose their capacity to generate services. In such context, the cost of managing such assets need to be transferred to related expenses accounts in a systematic way during the useful life of the concerned assets. This kind of cost allocation is the depreciation. Plant assets, with …

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Prices of shares and securities fluctuate time to time like other products prices. Demand and supply laws are activate in this market. Prices of stocks fluctuate rapidly than other products prices. Stock prices change every day according to the markets activity. Buyers and sellers cause prices to change and therefore share prices change as a consequence …

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Electronic payment systems have facilitated the flow of funds among business organizations, households, governments, banks, financial institutions and financial intermediaries. The more common electronic payment systems is automated teller machine transfers, direct deposits and withdrawal of funds and transfer over the telephone and mobile transfer. Electronic payment systems have reduced cost of accepting deposits. Banks …

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Banks and financial institutions offer a variety of off-balance sheet commitments. For example, banks provide letters of credit to back commercial paper, issued by financially sound corporations, They also act as the intermediary on interest rate swaps and usually guarantee payments over the specified period in the event that one of the parties defaults on …

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