Inverse Relationship

What is Inverse Relationship?

What is Inverse Relationship? Definition: An inverse relationship is identified between two variables, which are interrelated but the change of one causes the opposite change to the other. What is the definition of inverse relationship? The inverse relationship is also known as negative correlation in regression analysis; this means that when […]

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Structural Unemployment

Structural Unemployment | Definition | Example

Structural Unemployment | Definition | Example Structural Unemployment Definition: Structural unemployment is a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. Structural unemployment occurs because workers’ lack the requisite job skills or workers live too far from regions where […]

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Managerial Accounting

Managerial Accounting – Definition and Techniques

Managerial Accounting – Definition and Techniques Managerial accounting, also known as cost accounting, is the process of identifying, measuring, analyzing, interpreting, and communicating information to managers for the pursuit of an organization’s goals. The key difference between managerial and financial accounting is accounting information is aimed at helping managers within […]

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