Motivation Analysis Test
by Motivation is the reason for people’s actions, willingness and goals. Motivation is derived from the word motive which is defined as a need that requires …
Tag: NOTES
Consideration in Designing Effective Training Programs: Selecting and Preparing the Training Site, Selecting Trainers
The five principles (Merrill, 2013): Problem-centered. Learning is promoted when learners acquire skill in the context of real-world problems. Activation. Learning is promoted when learners activate …
Trading Account
Trading Account Trading accounting is the first step of final account. The main objective of preparing trading account is to find out gross profit earned …
Preparations of Final Accounts
Final account is the combination of income statement and balance sheet. The final account is prepared at the end of every year which may be …
Profit and Loss Account
The account through which annual net profit or loss of a business is ascertained, is called profit and loss account. Gross profit or loss of …
Setting of Reorder Level, Maximum Level, Minimum Level
Formulas: (i) Maximum Level of Stock = (Reorder Level + Reorder Quantity) – (Minimum rate of consumption x Minimum reorder period) Maximum Level may be …
Economic Order Quantity (EOQ)
Economic order quantity (EOQ) is the ideal order quantity a company should purchase for its inventory given a set cost of production, demand rate and …
Classification of Capital And Revenue Expenditure
Expenditure on fixed assets may be classified into Capital Expenditure and Revenue Expenditure. The distinction between the nature of capital and revenue expenditure is important as only capital expenditure …
Nature and Importance of Macro Economics
It is that part of economic theory which studies the economy in its totality or as a whole. It studies not individual economic units like …
Travelling Salesman Problem
The Traveling Salesman Problem (TSP) is a classic optimization problem in the field of computer science and operations research. It can be described as follows: …