banner_ad

Assumption & estimation

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 May 2014 WHAT IS DIFFERENCE BETWEEN ASSUMPTION AND ESTIMATION
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
31 May 2014 assumption is a belief..for eg I assume that in a meeting everyone will be on time.

so there is no science behind the assumption...like we assuming we have God!

estimation on the other hand is a science..like on the basis of past experience, I may estimate what are the chances of everyone reaching in time for the meeting.
Profile Image

Guest

Profile Image

Guest (Expert)
31 May 2014 PERFECTLY DESCRIBED BY NIKHIL SIR...
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
27 April 2026
Senior Accountant

Jyoti K agarwal & co

Mumbai

Others

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details