Liability vs Equity At the year end, organizations prepare financial statements that represent their activity for the specific period. One such statement that is prepared is the balance sheet that includes a number of items such as assets, liabilities, equity, drawings, etc. The following article discusses two such balance sheet items; equity and liabilities, […]
Difference Between Lessor and Lessee
Lessor vs Lessee A business owner who requires a specific asset has two options to obtain the asset; he can either purchase it or lease the asset. Leasing an asset can be more economical than purchasing it, as a lease is like renting an asset and using it over the period of time that […]
Difference Between Fixed and Floating Charge
Fixed vs Floating Charge Fixed and floating charges are mechanisms used to provide a lender with security over a borrower’s assets. The main difference between the two lies in the types of assets held as collateral and the flexibility in disposing the asset over the life of the loan. The type of charge chosen […]
Difference Between Joint and Several Liability
Joint vs Several Liability Joint liability and several liability describe how debts/liabilities/obligations are shared when a number of parties are involved. In a business operation, it is important that parties sign a contract that lay out how liabilities are to be shared so that there is no conflict among parties when faced with a […]
Difference Between Job Title and Occupation
Job Title vs Occupation Job title and occupation are terms that are very similar to one another, and are used to give a brief description regarding what the employee does to earn a living. Due to their similarities, these terms are usually confused to mean the same, even though they are quite different to […]
Difference Between Job Analysis and Job Description
Job Analysis vs Job Description Job analysis and job description are concepts very closely related to one another. Job description is one of the two components that make up a job analysis. In order for a proper job analysis to be done, a comprehensive job description needs to be written up. Despite their similarities, […]
Difference Between Job Analysis and Job Design
Job Analysis vs Job Design Job analysis and job design are concepts very closely related to one another. Job design follows job analysis, and the purpose of both job analysis and design is to create the best fit among the company’s needs and individual with the right skills, knowledge, and capabilities to deliver to […]
Difference Between Aggregate Demand and Aggregate Supply
Aggregate Demand vs Aggregate Supply Aggregate demand and aggregate supply are important concepts in the study of economics that are used to determine the macroeconomic health of a country. Changes in unemployment, inflation, national income, government spending, and GDP can influence both aggregate demand and supply. Aggregate demand and aggregate supply are closely related […]
Difference Between Focus Group and Group Interview
Focus Group vs Group Interview Focus groups and group interviews are similar to each other in that they involve groups of individuals who provide answers, feedback and insights to the specific topics, questions or concepts presented to them. There are, however, a number of differences between the two; the main difference being that focus […]
Difference Between Currency Swap and FX Swap
Currency Swap vs FX Swap Swaps are derivatives that are used for swapping cash flow streams and are used in most instances for hedging purposes. The article takes a closer look at two types of swaps that are used for swapping foreign currency through minimizing foreign exchange rate risk. Currency swaps and FX swaps […]
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