Key Difference – Trend Analysis vs Comparative Analysis Trend and comparative analysis are two main types of analysis methods used to study the performance of the current financial year and plan the upcoming financial year’s budget using financial statements. The key difference between trend analysis and comparative analysis is that trend analysis is a […]
Archives for April 2017
Difference Between Google Docs and Google Drive
Key Difference – Google Docs vs Google Drive The key difference between Google Doc and Google Drive is that Google Drive is a document management systems whereas Google Docs works within Google Drive. There is some confusion over the difference between Google Docs and Google Drive. Google launched Google Drive as an alternative to […]
Difference Between Google Docs and Google Sheets
Key Difference – Google Docs vs Google Sheets The key difference between Google Docs and Google Sheets is that Google Docs is a document management applications whereas Google Sheets is an application used to formulate and manipulate data within Google Docs. Google sheet is an application that belongs to Google docs. It is important to […]
Difference Between LibreOffice and OpenOffice
Key Difference – LibreOffice vs OpenOffice The key difference between LibreOffice and OpenOffice is the frequency of updates and fixes. Openoffice comes with less frequent releases and fixes while Libreoffice comes with faster fixes and features. However, both are almost identical except for some minor differences which go unnoticed. OpenOffice.org was an open source […]
Difference Between Osmosis and Plasmolysis
Key Difference – Osmosis vs Plasmolysis Particles move from a region of higher concentration to a region of lower concentration passively until an equilibrium is achieved between two regions. This process is known as diffusion and it happens spontaneously in all environments. Osmosis is a special version of diffusion in which water molecules move […]
Difference Between Concert Band and Symphonic Band
Concert Band vs Symphonic Band Concert band and symphonic band are two names that refer to a group of musicians performing together in western music. However, these two names have the same meaning in general parlance, i.e., there is no difference between concert band and symphonic band. Both refer to an ensemble playing woodwind, […]
Difference Between Insourcing and Outsourcing
Key Difference – Insourcing vs Outsourcing The key difference between insourcing and outsourcing is that insourcing is assigning a task or a project to a party within the company instead of hiring an outside company whereas outsourcing is the practice of contracting out a task or a project to a third party company. These […]
Difference Between Saprophytes and Parasites
Key Difference – Saprophytes vs Parasites Organisms show a variety of nutritional requirements for survival. Some organisms depend on other living organisms for their nourishment while others depend on dead materials. Saprophytes and parasites are two types of organisms which have two different modes of obtaining nutrition. The key difference between saprophytes and parasites […]
Difference Between Dashboard and Scorecard
Key Difference – Dashboard vs Scorecard The key difference between dashboard and scoreboard is that dashboard refers to a data visualization tool that consolidates and displays various financial indicators of the business including metrics and numbers on a single screen whereas scorecard is a performance management tool that compares strategic objectives with results obtained. […]
Difference Between Horizontal and Vertical Analysis
Key Difference – Horizontal vs Vertical Analysis Financial statements such as the income statement, balance sheet, and cash flow statement are important statements that should be studied extensively in order to arrive at conclusions regarding the performance of the current financial year as well as to assist planning the upcoming financial year’s budget. Horizontal […]
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