Condition vs Warranty Companies frequently conduct business transactions with consumers and other firms. In order to conduct transactions in a safe manner it is important to write up a contract for sale of goods which will lay out the terms, conditions, rights, and legal implications that surround the sale. Conditions and warranties are two […]
Archives for April 2013
Difference Between Preferred Stock and Common Stock
Preferred Stock vs Common Stock Public corporations gain capital by selling stock to the public. When an investor purchases the company’s stock they are investing their funds in the company and will become one of the many stockholders of the firm. Both common stock and preferred stock represent a claim of ownership in a […]
Difference Between NASDAQ and NYSE
NASDAQ vs NYSE Stock markets are exchanges on which securities are traded among buyers and sellers. There are a number of stock markets that operate around the world, out of which the New York Stock Exchange (NYSE) and NASDAQ are two prominent stock markets in the United States. Both these exchanges oversee a majority […]
Difference Between Mitigation and Contingency
Mitigation vs Contingency Risk management is defined as the identification, assessment, and prioritization of risks or the effect of uncertainty in investment decision making. It is very important to manage risk to avoid unbearable losses or bankruptcy. Mitigation and contingency are two strategies that are used in the management of risk. Risk mitigation and […]
Difference Between Financial Accounting and Cost Accounting
Financial Accounting vs Cost Accounting Accounting is divided into two main categories known as financial accounting and cost accounting. Financial accounting is mostly used for external reporting purposes, in which financial transactions are recorded according to the generally accepted accounting principles. Cost accounting is mostly used for internal purposes where financial information is recorded […]
Difference Between Assessment Year and Financial Year
Assessment Year vs Financial Year There comes a time of year where individuals and corporations have to file their income tax returns. It is during this time that the terms financial year and assessment year are discussed in great detail. It is important to understand the meaning of financial year and assessment year for […]
Difference Between Invoice and Bill
Invoice vs Bill Invoices and bills are documents that are presented to buyers by sellers for commercial purposes. Invoices and bills are quite similar to one another as they both contain information about the goods that are being sold, and the total price that should be paid. There are, however, a number of differences […]
Difference Between Vertical and Horizontal Integration
Vertical vs Horizontal Integration Horizontal and vertical integration are tactics that are used by firms to expand their business operations. A company may decide to acquire companies in the same industry producing/providing the same product/service or acquire companies that become part of the entire production process. The article that follows explains both vertical and […]
Difference Between Merger and Acquisition
Merger vs Acquisition In the corporate world, the terms merger, acquisition, and takeover are quite commonly used to describe a scenario in which two companies are joined together to act as one. There may be many reasons for two companies to combine their operations, which could be done in a friendly manner, with the […]
Difference Between Lexapro and Prozac (Escitalopram and Fluoxetine)
Lexapro vs Prozac | Escitalopram vs Fluoxetine Lexapro and Prozac are antidepressant drugs. These drugs belong to the same drug class known as selective serotonin re-uptake inhibitors. They show their activity by the same mechanism of action which is by increasing the serotonin level. Serotonin is a neurotransmitter which is one of the chemicals […]
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