Key Difference – Invoke vs Evoke Invoke and evoke are two verbs that are often misused by many English learners. However, there is a major difference between invoke and evoke in terms of their meaning and usage. Evoke means to bring forth something to the conscious mind whereas invoke means to call on a […]
Archives for February 2017
Difference Between ATP and ADP
Key Difference – ATP vs ADP ATP and ADP are energy molecules that are found in all living organisms including the simplest forms to the highest. They are constantly recycled in the cells for energy storage and release. ATP and ADP are composed of three components known as adenine base, ribose sugar and phosphate […]
Difference Between Operating Lease and Capital Lease
Key Difference – Operating Lease vs Capital Lease Companies require a number of tangible assets that can be purchased or leased. Purchasing a tangible asset requires a lump of funds at once, thus it will not be viable for all companies. Alternatively, leasing is a convenient option since the payment can be made on […]
Difference Between Combined and Consolidated Financial Statements
Key Difference – Combined vs Consolidated Financial Statements As companies pursue expansion strategies, they may acquire controlling or non-controlling stakes in other companies. This is done in order to gain access to new opportunities, obtain synergies and enter into otherwise restricted markets. (Some countries do not allow overseas companies to start businesses without a […]
Difference Between Current and Long Term Liabilities
Key Different – Current vs Long Term Liabilities Liabilities in a business arises due to owing funds to parties outside the company. This is a legal obligation the company is bound to fulfil in the future. Liabilities arise from the debt taken, and the nature of debt is dependent on the requirement for taking […]
Difference Between PCR and DNA Sequencing
Key Difference – PCR vs DNA Sequencing PCR and DNA sequencing are two important techniques in Molecular Biology. Polymerase Chain Reaction (PCR) is the process which creates a large number of copies of a DNA fragment. DNA sequencing is the technique which results in the precise order of the nucleotides of a given DNA fragment. […]
Difference Between Gene Cloning and PCR
Key Difference – Gene Cloning vs PCR The synthesis of many copies of DNA from a specific DNA fragment is called DNA amplification. There are two main DNA amplification processes namely gene cloning and PCR. The key difference between gene cloning and PCR is, gene cloning produces the multiple copies of a specific gene […]
Difference Between IFRS 15 and IAS 18
Key Difference – IFRS 15 vs IAS 18 Both IFRS 15 – ‘Revenue from Contracts with Customers’ and IAS 18 -‘Revenue’ relate to the accounting treatments on recording income generated through business activities. IAS 18 was issued in December 1993, and IFRS 15 will be effective for accounting periods starting from January 2018. The […]
Difference Between Administration and Liquidation
Key Difference – Administration vs Liquidation Both Administration and Liquidation are formal company insolvency (a state where the company is not in a position to settle its debts) practices. The key difference between administration and liquidation is that administration is a business rescue tool that may help the business to survive while a liquidation […]
Difference Between Amtrak Coach and Business Class
Key Difference – Amtrak Coach vs Business Class Amtrak trains offer you two basic seating options: Coach Class and Business Class. In addition to this, Acela Express also offers the special Premium Class which offers more amenities and comfort. It is important to know the differences in these classes in order to select the […]
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