What is the difference between microeconomics and macroeconomics? Economics is known to many as a social science that is concerned with production, distribution and end use of products and services. It is an area of study that is divided into two branches, micro- and macro-economics. The term micro refers to smaller phenomena while macro talks …
The Parliament of Zambia’s Bank of Zambia Act of 1996 repeals the previous Act of 1985 and the Currency Act. Further, the act revises the law relating to the composition, duties, and powers of the Bank of Zambia and its Board. Bank of Zambia Act, No 43 of 1996 is an important document for Banking …
The importance of business math in accounting has been significantly noted around the world. Human resources and public administration do not necessarily need mathematics compared to computer science. Even though in the course curriculum it’s possible to find some accounting principles and studies. Business mathematics in accounting for Commercial, Government, and Business organizations use mathematics in …
Most people scare away from investing in assets because there’s a lot of talking around depreciation of assets. This talk lacks substance and clarity as the depreciation does not exist in isolation. Appreciation is equally effective too as explained in other articles. People also need guidance on how to Calculate Depreciation Of Assets (for the …
What are the characteristics of plant assets? Before explaining the traits of these types of assets, let’s define the term Plant assets. According to an accounting source Wiley, Plant assets are resources with three key main characteristics. They have a definite shape, secondly, all plant assets have a physical appearance and depreciate except for land. …