After reading this article you will learn about Break-Even Analysis:- 1. Meaning of Break-Even Analysis 2. Assumptions in Break-Even Analysis 3. Important Terms and Definitions 4. Applications 5. Advantages 6. Limitations. Contents: Essay on the Meaning of Break-Even Analysis Essay on the Assumptions in Break-Even Analysis Essay on the Important Terms and Definitions used in Break-Even Analysis Essay on the [...]
After reading this essay you will learn about:- 1. Meaning of Depreciation 2. Types of Depreciation 3. Methods for Calculation. Essay # 1. Meaning of Depreciation: Whenever any machine or equipment performs useful work, its wear and tear is bound to occur. This can be minimised up to some extent by proper care and maintenance but cannot be totally prevented. [...]
In this essay we will discuss about:- 1. Definition of Accounting 2. Genesis of Accounting 3. View-Points 4. Functions 5. Principles 6. Concepts. Essay on the Definition of Accounting: Accounting is the language of business. Language is a means of communication. Accounting is also communicating the results of business activities to persons involved in the process. Engineers should make sincere [...]