Category: A

This individual works and is bound by the laws of the Institute Of Chartered Accountants.

A simplified financial statement that a specific small firm is allowed to file. It is filed with the registrar of companies in the United Kingdom. Almost half of the active UK firms

A brief written work that manages to keep the meaning and essence of the original version. This term is also spelled as abridgement. Other terms that might help are abstract, digest, outline,

When a company has debt obligations and cannot get funds for a project they purchase stocks as a short term investment boost.

When an employee and brokerage firm do business this is the resulting contract. It is done in the form of an outline that lists the rights of the firm. This agreement is

A geographical land considered foreign to the current location of a person or object. This term can apply to overseas and continental differences.

Computing depreciation rates faster than the straight line option. The two methods are declining balance or taking the sum of the years digits as the depreciation rate. This results in a larger

A systems analysis of items in order of importance that should be handled differently. This form of Pareto analysis in which the importance is listed by ‘A’ items are very important, ‘B’

1. To nullify an contract by means of mutual agreement. 2. To officially abolish a law.

The Pareto analysis as related to inventory control. There are three categories for the items in question. This is based on their revenue generation, turnover, or value. Typically this is done on

On a graph or chart this is the horizontal (X) axis.

A reasoning methodology that uses common facts that are accepted as true and using them to build your argument.

A property owner that rents or leaves their property vacant. They have not abandoned it. This individual is considered an absentee owner.

An abnormal or abortive end to a computer program. This system crash is usually caused by a glitch or a memory overload.

This occurs when an employee consistently is absent from work. Seldom does this individual have a valid reason. However, if valid reasons are given the absence does not qualify as such. Attendance

1. Human Resource Management: A natural capacity of an individual to complete the task at hand. Refer to the definition of aptitude. 2. Law: The ability to agree and act upon a

The costs of manufacturing that are not related to production. They can be taxes, insurance, and building expenses. These costs are linked to a separate account.

A non-biological element that has an affect on the ecosystem. The opposite of a naturally occurring environmental element.

1. Accounting: When related accounts are absorbed into each other. Called an absorption account. 2. Economics: Total amount spent by a country on goods and services. Account deficits or surplus occurs when

An error in the system or theft that can cause significant reduction in a company’s inventory. The loss exceeds the normal allowable level.