Key Difference – Qualified vs Non-qualified Annuity Annuity is an investment from which periodic withdrawals are made. To invest in an annuity, an investor should have a large sum of money to be invested at once and withdrawals will be made over a period of time. Annuities can be divided into two main categories […]
Archives for May 2017
Difference Between Internal Audit and Internal Control
Key Difference – Internal Audit vs Internal Control Internal audit and internal control are two main aspects of any type of organization. In general, these two terms are often confused and used interchangeably; nevertheless, they are different from each other. The key difference between internal audit and internal control is that internal audit is […]
Difference Between Apomixis and Polyembryony
Key Difference – Apomixis vs Polyembryony Flowering plants produce seeds to sustain their generations. Seeds are produced as a result of sexual reproduction in most plants. However, in certain plants, seeds are formed without fertilization of egg cells. This process is known as apomixis. Apomixis is defined as the asexual formation of seeds from […]
Difference Between Internal and External Audit
Key Difference – Internal vs External Audit The audit process is one of the essential aspects of an organization for its long-term survival and success. An audit committee is appointed by the board of directors to review the effectiveness of audit process of the company. Internal audit and external audit are the two main […]
Difference Between Monosomy and Trisomy
Key Difference – Monosomy vs Trisomy Chromosomal nondisjunction causes abnormal chromosome numbers in daughter cells. It can occur during cell division in mitosis and meiosis. As a result of nondisjunction in meiosis, aneuploid individuals are developed after the fertilization. Aneuploidy is a mutation in which chromosomal number is abnormal. A normal diploid cell (2n) […]
Difference Between Stocktaking and Stock Control
Key Difference – Stocktaking vs Stock Control Inventory is one of the most significant current assets to a company and is available in the form of raw materials, work in progress (unfinished goods) and finished goods. Irrespective of the form they are in, maintaining inventory is costly due to holding costs; thus it should […]
Difference Between Sync and Backup
Key Difference – Sync vs Backup The key difference between sync and backup is that sync copies files in both directions whereas backup pushes files in one direction. Losing data from your electronic device can be terrifying. Syncing and backing up your device can save a lot of stress. But there is a distinct […]
Difference Between Treasurer and Financial Secretary
Key Difference – Treasurer vs Financial Secretary Treasurer and Financial Secretary are two important personnel in a company, but these two words are often confused due to the perception that they perform similar roles. This is partially reasonable since both roles are performed by a single person in some organizations while others employ two […]
Difference Between Active Transport and Group Translocation
Key Difference – Active Transport vs Group Translocation Molecules pass in and out from the cells via cell membranes. The cell membrane is a selectively permeable membrane which controls the movement of molecules. Molecules naturally move from a higher concentration to a lower concentration along the concentration gradient. It occurs passively without an energy […]
Difference Between Audit Risk and Business Risk
Key Difference – Audit Risk vs Business Risk Business actions are subjected to various risks that can reduce the positive effects they can bring to the organization. Audit risk and business risk are two main types of risks that should be controlled and continuously monitored. The key difference between audit risk and business risk […]
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