B.COM NOTES Archives - Page 5 of 54

A condominium, usually shortened to a condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned. Building jointly owned is called Condominium. Numerical classification is based on numerical order. An assessment of the relative contribution of the intangible items to the aggregate intangible value based on a managerial Read More …

IMPORTANT CONCEPTS OF COMMERCE FOR NTA NET

September 1, 2021October 6, 2021 TORAN LAL VERMA

Business means Industry and commerce. Industry is an economic activity, concerned with the procurement and processing of raw materials into finished products, that reaches the customer. Commerce is a business activity, wherein exchange for goods and services for value, is done on a large scale. Hunting is an extractive industry. These industries extract or draw out products from natural sources. Read More …

Fishers Ideal Index Number: Calculation, Features and Limitation

January 5, 2021October 4, 2021 TORAN LAL VERMA

Fishers Ideal Index Number is one the important price index number. Prof Irving Fisher developed this index number after an extensive study of 134 different formulae. It is a type of weighted index number. Calculation Process: Calculation process of fishers formula is as follows For calculation, 9 columns are drawn. First columns for commodities, second for price in base year Read More …

STANDARD DEVIATION: DEFINITION, PROPERTIES, MERITS AND DEMERITS

January 2, 2021September 29, 2021 TORAN LAL VERMA

What is the use of standard deviation? Standard Deviation is the most scientific and most popular measure of dispersion. Who used standard deviation for the first time? It was first used by Francis Galton and his student Karl Pearson in 1893. Definition of Standard Deviation “Standard deviation is the square root of the arithmetic mean of the squares of deviations Read More …