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Showing posts from October, 2020

WHAT IS INSURANCE?

Protection against loss for which you pay a certain sum periodically in exchange for a guarantee that you'll be compensated under stipulated conditions for any specified loss by fire, accident, death, etc

WHAT IS AUDITING?

Auditing is done by the independent person or body of persons qualified for the job with the help of statements, papers, information and comments received from the authorities so that the examiner can confirm the authenticity of financial accounts prepared for a fixed term and report.

WHAT IS MARKETING?

Marketing means the  action or business of promoting and selling products or services, including market research and advertising.

WHAT IS BANKING?

Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit.. They offer savings accounts, certificates of deposit, and checking accounts. Banks use these deposits to make loans. These loans include home mortgages, business loans, and car loans.

WHAT IS ENTREPRENEUR DEVELOPMENT?

Entrepreneurship development is the process of improving the skills and knowledge of entrepreneurs through various training and classroom programs. The whole point of entrepreneurship development is to increase the number of entrepreneurs.

WHAT IS TAX?

Tax is to run a nation judiciously, the government needs to collect tax from the eligible citizens; paying taxes to the local government is an integral part of everyone’s life, no matter where we live in the world. Now, taxes can be collected in any form such as state taxes, central government taxes, direct taxes, indirect taxes, and much more.

WHAT IS ECONOMICS?

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.

WHAT IS BUSINESS STUDIES?

Business studies  is the study of economics and management. It is the study of subjects connected with money and managing a  business.

WHAT IS ACCOUNTANCY?

  Accountancy is the practice of recording, classifying, and reporting on business transactions for a business. It provides feedback to management regarding the financial results and status of an organization.

WHAT IS COMMERCE?

Commerce is the conduct of trade among economic agents. Generally, commerce refers to the exchange of goods, services or something of value, between businesses or entities.