Notes and Study material for Exams
rawan239 Average The word “average” is used in everyday life to describe where the middle number of a data set is. It’s the typical number you would expect to find in a series of numbers. In statistics, the average is called the “arithmetic mean,” usually just shortened to the mean. Both the average and … Read more
Area of triangle The area of triangles can be found by using the following formula: Area = Base × height / 2 The red line represents the length of the base (call it b if you want) and the blue line represents the length of the height. To get the area, … Read more
Analogy Level-1 ANALOGY LEVEL 1 When you draw an analogy between two things we compare them for the purpose of explanation. If a scientist says that earth’s forest functions as human lungs then we instantly draw an explanation that both lungs and trees intake important Elements from air. As far as SSC … Read more
Algorithm method – meaning and quality, indefinate, definite In mathematics, computing, linguistics and related subjects, an algorithm is a sequence of finite instructions, often used for calculation and data processing. It is formally a type of effective method in which a list of well-defined instructions for completing a task will, when given an … Read more
POSD CORB POSDCORB is an acronym which means Planning, Organizing, Staffing, Directing, Coordinating, Reporting and BUDGETING which was first coined in a paper on administrative management that was written for the Brownlow Committee by Luther Gulick and Lyndall Urwick. POSDCORB can be used as a systematic framework for efficiently executing business processes in … Read more
BEHAVIOR- PERSONALITY THEORIES What is Personality :- It is a stable set of internal characteristics and tendencies that determines the psychological behavior of people. It is particular pattern of behaviour and thinking that prevail across time and contexts and differentiates one person from other. In simple terms “Personality … Read more
AUDITING Auditing is the on-site verification activity, such as inspection or examination, of a process or quality system, to ensure compliance to requirements. An audit can apply to an entire organization or might be specific to a function, process, or production step. Meaning of Auditing: Auditing is an examination … Read more
SOCIAL ACCOUNTING Social accounting can be defined as a set of organisational activities that deals with the measurement and analysis of the social performance of organisations and the reporting of results to concerned groups, both within and outside the organisation. Social accounting, also known as NATIONAL INCOME accounting, is a method … Read more
SWOT Analysis A successful business is founded on a series of Sound decisions, so the way you analyze situations and choose to react is essential. When trying to assess the lay of the land, few tools are more useful than the SWOT analysis. It stands for strengths, weaknesses, opportunities, and threats; the SWOT … Read more
RESPONSIBILITY ACCOUNTING Responsibility accounting is a management control system based on the principles of delegating and locating responsibility. The authority is delegated on responsibility centre and accounting for the responsibility centre. Responsibility accounting is a system under which managers are given decisions making authority and responsibility for each activity occurring within a … Read more