Differences Between Auditing And Investigation Investigation is the act of detail examination of activities so as to achieve certain objectives. Specially‚ investigation is made in suspected places. It finds out the nature and reasons of suspected areas but auditing is the act of examining books of accounts so as to prove true and fairness of operating results and financial position of a business. Following differences can be seen between auditing and investigation: 1. Purpose An audit is carried
Premium Balance sheet Income statement Audit
Economies of scale Definition Reduction in long-run average and marginal costs‚ due to increase in size of an operating unit (a factory or plant‚ for example). Economics of scale can be internal to a firm (cost reduction due to technological and management factors) or external (cost reduction due to the effect of technology in an industry). Diseconomies of scale Definition Increase in long-term average cost of production as the scale of operations increases beyond a certain level
Premium Economics of production Microeconomics Cost
are very similar in role responsibilities‚ yet have very subtle differences. Both roles are instrumental in building strong teams of employees and compliment each other as they work towards the same goals. While there are many similarities to be defined between the two roles‚ there are a few notable differences which can help to distinguish between a manager and a leader. I feel it is absolutely necessary to highlight these differences to my fellow employees so they understand the importance of my
Premium Leadership Management
the enlightenment thinkers one question that had been asked often was whether there was more than one way of civilization (Hall‚ 1992). Thus discourse provided Enlightenment thinkers with the idea that civilization and social development can only be attained from one way. Based on this one way‚ the discourse facilitated European thinkers to put all the nations on same scale. The Europeans deeming high of themselves‚ of course‚ came on top of this self-created scale while the savages of Americas occupied
Premium Sociology Sociology Western culture
reforming and making some new changes to the society. In this essay will mainly focus on two main political ideologies and see the differences between these two houses‚ which are Marx and Mussolini. First‚ the German thinker‚ Marx‚ and a letter called “ Manifesto of the Communist Party”‚ bring about the concept of communism
Premium Communism Communism Marxism
sophistication can exist in the reasons for supporting any of the orientations. As well‚ categorising people just as liberal or conservative can leave outside different views on social vs economic issues. We can state that there is a relationship between intelligence and political attitudes‚ but it’s not fixed in a simple way‚ it changes across context and
Premium Psychology Intelligence Intelligence quotient
Technically speaking‚ however‚ there is a difference between ADD and ADHD... and it is a big one which deals with the signs and symptoms that each disorder are exhibiting. We all know that the attention deficit hyperactivity disorder is one of the most common disorders among children when it comes to their mental state. As a matter of fact‚ the estimated children diagnosed with ADHD in the United States alone is around 6.4 million according to the data from the Centers for Disease Control and Prevention
Premium Attention-deficit hyperactivity disorder
What is the difference between fear and respect? When you respect someone it’s mistaken for fear. But today we are going to learn the true meaning of these two words. First‚ we are going to try to find out was these words mean. The word respect means you admire that person’s quality or ability‚ according to Dictionary.com. For example if you respect someone‚ like a parent’s decisions then you respect the decision they made. Kids are supposed to respect their parents. We should show respect because
Premium Meaning of life Human Tanakh
Cultural differences: The lifestyle and cultural difference as in the nature of the work ethics they have been following differs. Complicating Factors Product Line: Companies with large and diverse product lines have a particularly difficult job in managing the marketing/manufacturing
Premium Management Employment Human resource management
(refinery and terminals)‚ route optimization (retail logistics) and vendor-managed inventory (retail network management). Simulation identifies the impact of different variables on an organization’s entire supply chain. It answers the fundamental question – what will happen to the cost and service levels associated with a Supply Chain if an ‘X’ factor is manipulated The tool however does not drive to an optimal solution. Simulation also enables a user to visualize real world behavior of an “optimal
Premium Supply chain management Normal distribution Probability theory