Investment Bank vs Commercial Bank There are two distinct types of banks called investment banks and commercial banks which perform a set of distinct functions. Commercial banks offer a variety of deposit and lending services while investment banks offer investment management, securities trading, and securities underwriting services. There are banks that offer both types […]
Archives for April 2013
Difference Between Cardinal and Ordinal Utility
Cardinal vs Ordinal Utility Utility refers to the satisfaction that a consumer obtains from the purchase and use of commodities and services. According to economics there are two theories that are able to measure the satisfaction of individuals. These are the cardinal utility theory and the ordinal utility theory. There are a number of […]
Difference Between Cash and Profit
Cash vs Profit Cash and profit are two equally important components of any business. Cash is measured by the cash position and cash flow statement, whereas profits can be seen in the company’s profit and loss statements. Companies frequently face the dilemma as to whether they should focus on cash generation or profit maximization. […]
Difference Between Universal Life and Whole Life Insurance
Universal Life vs Whole Life Insurance Universal life insurance and whole life insurance are permanent life insurance policies. These policies are similar in the fact that they are taken out for the same purpose; to provide financial security and benefits at death. There are, however, a number of differences between the two. Universal life […]
Difference Between Internal and External Stakeholders
Internal vs External Stakeholders Stakeholders refer to individuals, groups, or organizations that are concerned with the performance of a business. Stakeholders are concerned with business activities because they will be directly or indirectly affected by performance of the business. Stakeholders can be divided into two categories; internal stakeholders and external stakeholders. Stakeholders use a […]
Difference Between Sales and Turnover
Sales vs Turnover Sales and turnover are concepts that are similar to one another and are often used interchangeably on a company’s income statement. Sales and turnover represent the total value of the goods that are being traded by a firm which may either be from their core activities or from non-core activities. The […]
Difference Between Audit and Assurance
Audit vs Assurance Auditing and assurance are processes that go hand in hand, and are usually used when evaluating a company’s financial records. Auditing and assurance are parts of the same process of verifying the information on the company’s accounting records for accuracy and compliance with the accounting standards and principles. Despite these similarities, […]
Difference Between Audit and Inspection
Audit vs Inspection Audit and inspection are carried out to verify that a certain set of standards, guidelines, rules, and norms are being met. Audits are carried out in greater depth than inspections, and they usually require a longer period of time. In contrast, inspections are less formal and can be done on a […]
Difference Between Bond and Loan
Bond vs Loan Bonds and loans are similar to one another in that they perform a similar function by lending money for which interest is charged. While the interest on loans can be fixed or variable, the interests on bonds are usually fixed. Bonds and loan operate in quite the same manner; however, there […]
Difference Between Duty and Tariff
Duty vs Tariff Duties and tariffs are both forms of taxes that are imposed on the import and export of goods to and from foreign countries. Since both are taxes, they are not voluntarily offered and are usually forced onto businesses and individuals. Duties and tariffs are quite similar to one another in their […]
- 1
- 2
- 3
- …
- 18
- Next Page »