Define status and role
Define status and role, explain the difference between the two, provide illustrations.
Expert
Status can be defined as the position or a level that an individual has attained in a society. The status changes in according to the change in social values. For example: An individual has attained a status of a teacher due to his qualification. Role is defined as the behavior expected out of a particular individual who occupies a particular position. Example: The role of a teacher is to deliver lectures, prepare examinations and to assign homework. At the same time they need to be honest, diligent and responsible.
Capital: In easy word, capital signifies the amount or asset that is invested in business by businessman or owner of business. Whenever the business is closed, after paying exterior creditors, balance amount will be his capital that he can attain.
Describe Sale return or return inward in brief.
Which of the following adjustments is an example of an accrual adjustment? an asset/expense adjustment involving depreciation an asset/expense adjustment involving insurance a liability/expense adjustment involving utility expenses a liability/revenue adjustment involving unearned revenues
Specify intuition behind NPV capital budgeting framework?
Spiritual Health: The relations with their superiors and peers are good. They work for a cause for the society and therefore they are able to draw contentment. This at times work against health to create compassion stress when employees are not able t
What type of Account is Salary outstanding? What do you think, it is real or personnel or the nominal account?
State what is meant by Edge Act banks.
The portion of retained earning that is not available for dividends. To appropriate retained earnings, the company must record the partitioning of retained earnings. The company can use appropriated retained earnings for contingencies or big projects. Appropriating retained earning does not invol
What are the factors which influences real estate market?
What are the basic differences between Finance and Accounts?
18,76,764
1953979 Asked
3,689
Active Tutors
1452345
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!