when import of a country decrease and export increase it is known as favourable balance of of payment and vice versa
the balance of trade is how much you receive the balance of payment is how much you pay
The balance of trade.
The difference between the value of imports and exports of a country is the balance of trade. It is a country's largest component of balance of payments.
Balance of trade
balance of payment is the difference between exports and imports so if Australia's exports trade balance exceeds its imports trade balance then it is positive
Favourable variance is that variance which is good for business while unfavourable variance is bad for business
There is a difference between: Worksheet and Balance Sheet
It means the difference between the budgeted or estimated direct labour cost at the start of work activity with the actual direct labour cost at the end of activity or fiscal year. If budgeted cost is more then the actuall then it is favourable variance otherwise it is unfavourable direct labour cost variance
what is the difference between balance n product modulator
speelling
There is no difference between Contingent Liability and Off Balance Sheet Liability.
However, if there is a material difference between the expected and actual balance, the auditor will investigate this difference further. At this point the auditor will develop an explanation for the difference.
Actual balance is the real balance while avialable balance is the physical balance
The difference between adjusted and Un-adjusted trial balance is that in adjusted trial balance the items of balance sheet and income statement are randomly but in adjusted trial balance the items are in tabular form.
the balance of trade is how much you receive the balance of payment is how much you pay
net balance
The cylinder measures volume, the balance measures weight.