Memorandum of Association and Articles of Association are the important documents which are necessary for every organization. MoA must be submitted to Registrar of Companies at the time of Incorporation of the company.
The amount which is mentioned in the cheque is always payable on demand. The amount which is mentioned in the bill of exchange may be payable on demand or after a certain time period.
The promissory note consists of two parties- The Maker (debtor) and the Payee (creditor). The Bill of Exchange consists of three parties- The Drawer, the Drawee, the Payee.
Theory-X is negative, traditional and based on the autocratic style of leadership. Theory-Y is positive, participatory and based on the democratic style of leadership.
Internal Economies are the economies which are related to the particular firm. External Economies are the advantages that occur if the number of firms in the industry increases.
Debit cards mean “pay now from your money in the deposit account”. Credit cards mean “Use the money now from the bank and pay later to the bank”.
The Renewable resources are replaced by nature in a short period. The Non-Renewable resources cannot be replaced by nature during the time of human life span.
CV is a long document, covers your entire career and static in nature. A resume is a short document, concise statements and highly customizable……
The Renewable resources are replaced by nature in a short period. The Non-Renewable resources cannot be replaced by nature during the time of human life span.
Internal audit is an ongoing and continuous process in the organization. External audit is generally done once in a year.There exist many differences and similarities between them.