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Hungarian Method

Business Mathematics Unit 05 Assignment Problem

The Hungarian Method is an efficient algorithm used to solve the assignment problem, where the go...

Updated 4 months ago by Admin

Introduction to Assignment Problem

Business Mathematics Unit 05 Assignment Problem

The Assignment Problem is a key concept in operations research and management science that involv...

Updated 4 months ago by Admin

Test for Optimality MODI Method

Business Mathematics Unit 04 Transportation Problem

The MODI (Modified Distribution) Method, also known as the UV method, is used to check the optima...

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Unbalanced Transportation Problem

Business Mathematics Unit 04 Transportation Problem

An unbalanced transportation problem occurs when the total supply is not equal to the total deman...

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Introduction to Transportation Problem

Business Mathematics Unit 04 Transportation Problem

The transportation problem is a type of optimization problem in operations research where the obj...

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Maxima and Minima

Business Mathematics Unit 06 Differentiation and Applications

Maxima and minima are critical points in the study of differentiation, where a function reaches i...

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Second Order Derivatives

Business Mathematics Unit 06 Differentiation and Applications

Second-order derivatives provide information about the curvature or concavity of a function, indi...

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Differentiation of Composite Functions

Business Mathematics Unit 06 Differentiation and Applications

Differentiation of composite functions is achieved using the Chain Rule, which allows you to diff...

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Types of Accounting Standards

Financial Accounting Unit 01 Introduction to Accounting

Accounting Standards are authoritative standards for financial reporting and form the primary sou...

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Process of Accounting Transactions

Financial Accounting Unit 01 Introduction to Accounting

The accounting cycle is an essential, standardized process that follows eight steps to track, rec...

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Systems of Accounting

Financial Accounting Unit 01 Introduction to Accounting

There are two main systems of accounting used to record business transactions. These are the Sing...

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Double Column Cash Book

Financial Accounting Unit 03 Subsidiary Books

The Double Column Cash Book is an extension of the single column cash book, with an additional co...

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Single Column Cash Book

Financial Accounting Unit 03 Subsidiary Books

The Single Column Cash Book is a basic type of cash book used to record all cash transactions of ...

Updated 4 months ago by Admin

Cash Book

Financial Accounting Unit 03 Subsidiary Books

A Cash Book is a financial record used to track all cash-related transactions of a business. It r...

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Generating Income Statement

Financial Accounting Unit 07 Computerised Accounting

1. Steps to Generate Income Statement in Tally Prime To generate an Income Statement in Tally Pri...

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Generating Trial Balance

Financial Accounting Unit 07 Computerised Accounting

1. Steps to Generate Trial Balance in Tally Prime Generating a Trial Balance in Tally Prime is si...

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Voucher Types and Voucher Entries

Financial Accounting Unit 07 Computerised Accounting

1. What is a Voucher? A Voucher in accounting is a document that supports the entries made in the...

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Creation of Inventory Groups and Ledgers

Financial Accounting Unit 07 Computerised Accounting

What is an Inventory Group? An Inventory Group in Tally Prime is used to categorize stock items b...

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Creation of Company in Tally

Financial Accounting Unit 07 Computerised Accounting

Steps to Create a Company in Tally Prime 1. Launch Tally Prime Open the Tally Prime application....

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Capital and Revenue Receipts

Financial Accounting Unit 02 Accounting Cycle and Journal

In accounting, capital receipts and revenue receipts are two categories used to classify the cash...

Updated 4 months ago by Admin