Differentiate between descriptive and inferential analysis of data

Answer: Descriptive analysis   In the descriptive statistics The data could be collected from either a sample or a population, but ...

Explain the differences between wealth maximization and profit maximization

Answer : Wealth maximisation is based on cash flow. It is not based on the accounting profit as in the case of profit maximisation. ...

What is the difference between Quantitative and qualitative methods.

Answers: Qualitative Methods Quantitative Methods Primarily inductive process used to formulate theor...

What is the difference between defensive strategies and pre-emptive strategies.

Answers: Defensive Strategies The classic form of retaining existing (civil) territory is to mount a position defence by constructin...

What is the Difference between PERT and CPM.

Answers: PERT Some key points of PERT are as follows: PERT was developed in connection with an Research and Development (R...

Differentiate between development and growth.

Answers: The terms ‘development’ and ‘growth’ are not related to the kind of economy. The two terms can be distinguished on the basis of...

What is the difference between tax management and tax planning?

Answers: Tax management Tax planning First step towards tax planning. Planning includes tax ...

What is the difference between central sales tax and state sales tax.

Answers: In India, various indirect taxes are levied by central government, state government and local government. Central government t...

What is the difference between direct and indirect taxes.

Answers: Direct Taxes A direct tax is paid by the person on whom it is levied. In this case the impact and the incidence fall on th...

What is the difference between Data, Information and Knowledge?

Answers: Data: It is collection of raw facts and figures. It may be represented in the form of binary numbers For Example: If we cons...

What is the Difference between public relations and advertising.

Anwsers: The following are the differences between advertising and public relations. Advertising Public relations ...

Difference between and condition and warranty

1. Difference as to value: A condition is a stipulation which is essential to the main purpose of the contract. A warranty is a stipulat...

What is the difference between domestic and international accounting and how will you measure this difference?

Different countries whether domestic or international, have different accounting standards. A common belief is that these differences red...

Difference between health insurance in India and USA

There is a lot of difference in the health insurance in India and the USA,some of them are as follows: In USA ...