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Difference between cost and expense

The concepts cost and expense, in the same way as the concepts value and price, present, in most cases, situations in which both concepts tend … Read more

Difference between correlation and causality

In economics, it is of great importance to know what is correlation and what is causality. Also the great difference between them, given that they … Read more

Difference between accounting and finance

The difference between accounting and finance is a hierarchical matter. While accounting is responsible for collecting economic data, finance focuses on making decisions based on … Read more

Difference between cost accounting and financial accounting

Companies mainly use two types of accounting: financial accounting and cost accounting. Both have a very high importance and are very useful in the management … Read more

Difference between administrative and financial accounting

The difference between administrative and financial accounting is the sum of characteristics that distinguish and, therefore, separate both accounting modalities. These characteristics are based mainly … Read more

Difference between consumption and consumerism

The difference between consumption and consumerism is that the second is the excess of the first. In other words, consumerism is excessive consumption and, normally, … Read more

Difference between conscious and subconscious

The subconscious is all the information that is stored in the mind of the human being without his consciously perceiving it. However, it influences their … Read more

Difference between concave and convex

The difference between concave and convex can be explained as follows → The term convex refers to the fact that a surface has an inward … Read more

Difference between verbal and non-verbal communication

The difference between verbal and non-verbal communication lies in the fact that the first is through words and signs, while the non-verbal is our gestures … Read more

Difference between communication and information

Communication and information are two widely used concepts and sometimes cause for confusion on the part of users. However they are different. The main difference … Read more

Difference between international trade and foreign trade

The difference between international trade and foreign trade lies in the breadth of the concept. International trade refers to the trade of all goods and … Read more

Difference between colonialism and imperialism

It is essential to know the difference between colonialism and imperialism. These streams of thought, which formally emerged in the 15th century, have many similarities. … Read more

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