Difference Between Electromagnetism and Magnetism

Electromagnetism vs Magnetism Electromagnetism and magnetism plays an important role in our daily lives. Phenomena such as electron – nucleus bond, interatomic bond, intermolecular bond, electricity generation, sun light and almost everything in day to day life except for the gravity is based on electromagnetic theory. Magnetism Magnetism occurs due to electric currents. A straight […]

Difference Between DNA and Chromosome

DNA vs Chromosome Nucleic acid constitutes the genetic material of all living organisms. These are polymers made up of sub -units called nucleotides. Nucleotide has three components, a five-carbon sugar, a nitrogen base and phosphoric acid. The nitrogen base is a cyclic compound that can be anyone of the two forms: purines or pyrimidines. There […]

Difference Between Heat Stroke and Heat Exhaustion

Heat Stroke vs Heat Exhaustion What is Heat Stroke? Heat stroke is a form of heat illness also known as classic Non Exertional Heatstroke (NEHS). It commonly occurs in infants, elderly people and chronically ill individuals. It is characterized by elevated body temperature above 41o °C, lack of sweating and altered sensory perceptions. A core […]

Difference Between Low Pressure and High Pressure

Low Blood Pressure vs High Blood Pressure  What is High Blood Pressure? High blood pressure is defined as Systolic blood pressure above 140 mmHg and diastolic blood pressure above 90 mmHg on average of 2 or more readings taken at 2 separate clinic visits. According to Joint National Committee for Prevention, Detection, Evaluation and Treatment […]

Difference Between Fracture and Break

Fracture vs Break Fracture Fracture is a local discontinuation of the normal architecture of the bone. Fracture is suspected if there is visible deviation of structure, pain, swelling, loss of function associated with the fractured bone. Causes for Fracture Fractures can be caused by various reasons and those can be broadly classified as traumatic and […]

Difference Between Depreciation and Depletion

Depreciation vs Depletion Depreciation and Depletion both have similar accounting concepts but are used for different asset / company types. Both are used to reduce the asset value, as the asset is used over time. These are non-cash deductions from income, and they do not take time value of money into account. What is Depreciation? […]

Difference Between Tax Offset and Tax Deduction

Tax Offset vs Tax Deduction Tax offset and tax deduction are related to income tax. Tax offset reduces the tax liability, whereas tax deduction reduces the assessable income (taxable income). What is Tax Offset? Tax offsets are ways of reducing the amount of tax that a person / company must pay but are not deductions. […]

Difference Between Depreciation and Accumulated Depreciation

Depreciation vs Accumulated Depreciation Companies use depreciation and accumulated depreciation to record the asset value and the expense correctly as the assets are being used. Looking at these in detail would enable to understand the ways in which they work. What is Depreciation? Depreciation is an accounting term which helps companies to record the reducing […]

Difference Between Money Market and Capital Market

Money Market vs Capital Market Money and capital markets are two most easily confused concepts, as they are usually incorrectly identified to be the same thing. It is true that both money market and capital market play a vital role in the functioning of the global economy by providing access to financial markets to raise […]

Difference Between Accounting and Auditing

Accounting vs Auditing Auditing and accounting are two closely related concepts which stem from the same subject background of financial reporting, where one function cannot perform effectively without the other in place. The difference between the two is necessary to understand because the combination of these functions is essential, not just for the preparation of […]