Bill of Entry: It is a document showing the details of goods imported. The custom authorities determine the amount of import duty on this basis. It is ...

Documents against Acceptance: Along with bill of exchange drawn on the importer, exporter sends certain documents with specific information or instructions ...

The objectives of auditing maybe classified into two categories: Primary or main objects.Secondary or subsidiary objects. Primary or Main Object of an ...

Generally errors are the result of carelessness on the part of the person preparing the accounts. Errors may of the following types: Errors of ...

The five major areas of application computer systems are: Education: Getting the right kind of information is a major challenge as is getting ...

Bill of Lading: It is a document that shipping company issues and helps in acknowledging the receipt of goods on board the ship. Terms and conditions on ...

Mate's Receipt and Shipping Order: Mate's Receipt is a document issued to the captain or mate  when an exporter loads goods directly in the ship. It is ...

An export transaction has to pass through the following stages: Receives an inquiry: The first step in an export transaction is the receipt of an ...

Book keeping is concerned with the systematic recording of transactions in the books of original entry and their posting into ledger. In involves: ...

Data communication refers to the exchange of data between a source and a receiver. Data communication is said to be local if communicating devices are in the ...

It is true that foreign trade is an engine of economic growth in a country. The well-being of a country is determined by the nature and extent of its foreign ...

When the succession takes place in a moist area progressing from hydric to mesic conditions, then it is called Hydrarch. It is further of two types: ...