Business Knowledge

Process Costing Definition

Activity-based costing also known as Process Costing. Activity-based costing is a term that has significantly influenced the cost-accounting discussion and design in the recent past.  With the same content, the terms “activity-based costing” and “cost driver accounting” are used in the USA. Basic characterization Activity-Based Costing focuses on practice…

What is Entrepreneur-Types of Entrepreneurship

What is Entrepreneur; In the non-legal sense, it is always a natural person who plans, successfully establishes, and/or independently and responsibly initiates a venture, taking a personal risk or capital risk. Theory of the Entrepreneur A distinction is made between the pioneering entrepreneur and the non-pioneering entrepreneur. The…

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