EXPENSES AND LOSSES
Comprise a company’s profit and loss statement. Both categories required entries by law. Must be reported on a regular, periodic basis.
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Comprise a company’s profit and loss statement. Both categories required entries by law. Must be reported on a regular, periodic basis.
Commentary that is made to clear up a subject to make linkages clear in a concept. Refer to definition and description.
An allowance for domestic companies to export.
Group policy rule that pays life insurance benefits if the insured party is disabled from the time premiums are not paid until that person dies. It is also paid if the person
The loss of growing interest rates that slows the rate of principal payments on loans.
The party that influences or is influenced by a company but is not a member.
Predicting an unknown from the known data. It uses history and the current population to predict growth. If the current situation is stable it is a good prediction method. Refer to interpolation.
CAPITAL resources that a company allocates internally to conduct its operations and support its RISKS (including FINANCIAL RISK and OPERATING RISK). Economic capital, which is a key measure of SOLVENCY, serves to
A theory stating that financial markets reflect all publicly available information, suggesting that all investors have an equal opportunity to earn a given minimum return, and that it is not possible to
Producer response to price change for their goods or services. Typically, a prices increase means an increase in supply.
Condition where electronic equipment and systems to operate without causing or suffering unacceptable degradation in output or performance when in close proximity to electro-mechanical devices, .
Set of standards, directories, and guidelines, collectively registered as ISO-9735. They define data sets and protocols for electronic documents used in electronic data interchange (EDI). It is referred to as UN/EDIFACT, as
Obtaining, or procuring, goods and services by internet or a company’s intranet as well as applying tighter fiscal controls over spending and product preferences. This process typically streamlines all aspects of the
Something made up of a single element. Pure hydrogen is elemental hydrogen (H).
Something made available when requirements are met. Example: offering a particular coverage to eligible people.
A fully functioning and complete computer system that is a sub-subsystem. Surface-mounted devices, such as a stepper motor or controller, are some examples.
The number of ems as a measure of total area of type print.
Known also as employer sponsored retirement plan.
1. In General, an object that is a part of a set of objects. Also means being immediately adjoining or next to. 2. In the Hotel industry, it is French, meaning those
Managing the output from a process stream, not dealing with it in-stream. Physically, in metal work, an example is catalytic converters installed on engine exhaust pipe ends to reduce emissions. There is
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