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Goods vs Services Difference between goods and services is one of the basic topics discussed in subjects such as economics. If you look at the money spent by you every month on your family budget, you can easily bifurcate into money spent on goods, and the money spent on services. All the utility bills […]
Tangible vs Intangible Cost The difference between tangible and intangible cost is often subtle but can have great consequences for a company. People sometimes look at tangible costs only overlooking or ignoring intangible costs for which they pay dearly later in life. Tangible refers to things we can see and feel whereas intangible are things […]
Tangible vs Intangible Tangible and Intangible are terms very commonly used in accounting to refer to two types of assets. Difference between tangible and intangible is simple as tangible is something that has a physical existence and can be seen whereas intangible is something that cannot be seen. For example water is tangible while air […]
