July 2020

Role of Financial Statements

Financial Statements-Meaning After setting a goal of the corporation and designing the tasks and decisions accordingly the duty of the corporate manager is to report the stakeholders about the corporation’s affairs. The shareholders are the real owner of an organization. Therefore, corporate managers have to report the shareholders about the organizational financial matters that affect […]

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Properties and Limitations of Economic Model

Economic theory tends to the construction of a model that can describe the economic behavior of individual units and their interactions which create the economic system of the region, a country, or the world. A model is a simplified representation of the real circumstance of economic entities. The model includes the major features of the

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