Vouching of Wages – Audit Procedure and Guidelines to Auditors The vouching of payment of wages is an important duty of an auditor. There are many chances of
What is Sale? If the property in the goods is transferred (transfer of ownership) from the seller to the buyer immediately it is known as sale. What is
ISI Standard – Objectives and Procedure The ISI was established in the year 1947. It has been renamed as the ‘Bureau of Indian Standards‘. Its main objective is
What is Storage? A manufacturer needs to keep adequate stock of raw materials to ensure smooth production. A trader has to maintain adequate stock of the products he
Sea Transport Ships carry consignments to different parts of the country and to different parts of the world. The merits and demerits of sea transport are discussed below.
Basically, the modes of transport for delivery of goods have been classified into three categories, namely land transport, sea transport and air transport. We shall discuss some of
Different Kinds of Pricing Different kinds of pricing followed in marketing are Odd Pricing, Psychological Pricing, Price based on the prevailing or ruling price, Prestige Pricing, Customary Pricing,
Organizational Factors for Resistance to Change Beside individual factors, the organization also may resist change. Some of the organizations are so designed that they resist innovation and change.
Role and Responsibilities of Business Economists The role of Business Economist becomes increasingly important in view of the different objectives of the firm. He has a significant role