(Answered) Business plan1 what is a business plan important and have

Finance

Business plan

1. What is a Business Plan important and have you ever been involved in developing one?

Disadvantages of IFRS

2. What are the Disadvantages of IFRS (International Financial Reporting Standards) to GAAP (Generally Accepted Accounting Principles)?

Cost vs Expenses

3. What is the difference in meaning between the terms cost and expense? Have you ever gotten confused by them and used them in a wrong context and if so how?

Networking Capital vs Cash

4. What is the difference between net working capital and cash? Will it make a difference to you knowing the difference when investing either professionally or personally?

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