Amalgamation of companies means merging two or more companies to eliminate competition among them or to grow in size to achieve economies of scale. It is a broad term that includes mergers (uniting of two existing companies) and acquisition (one company buying out another company).
Cost audit is the verification of cost records and accounts and a check on the adherence to the prescribed cost accounting procedures and the continuing relevance of such procedures.
Capital structure, or financial structure, refers to the blend of various types of long-term sources of funds, namely debentures, bonds, loans from financial institutions, preference shares, and equity shares (including retained earnings).
The Factory Act 1948 sets the safety standards for workers employed in factories. It is applied to factories manufacturing goods, including weaving cloth, knitting hosiery and other knitwear, clothing, footwear production, dyeing and finishing textiles, manufacturing footwear, etc.
Given below are the points of difference between Trial Balance and Balance Sheet:
Sales Management is concerned with the development of the sales staff, managing sales-related operations, and implementation of sales techniques such that sales targets of the business are accomplished effectively.
