Job order costing and process costing are the two essential techniques of cost accounting. Job order costing is applied where production is executed under specific orders, based on customers’ requirement. Here each and every job is considered as a cost unit and to some extent the cost centre too. Process costing on the other end, …

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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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Financial Manager makes important financial decisions concerning the acquisition and use of funds for the greatest benefit of the firm among the available alternative channel. The financial manager take cares the monetary affairs of a particular project, interrelated people or even an entire entity of a business in order to maximize and spearhead monetary success and to …

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A single person, the project manager can operate the project independently along with the normal chain of command. The following are the basic characteristics of a project manager. He is the focal point is to bringing together all efforts towards the single project objectives. He is also responsible for integrating people from different functional discipline …

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A major objective of financial intermediary management is to increase financial intermediary’s return for its owners. This return often comes, however, at the cost of increased risk. To earn sufficient returns for its owners financial intermediary’s has to face different kinds of risks associated with their earnings. Risk concerns the expected value of one or more …

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