NON-OPERATING INCOME
Income that is not derived from the operations of the business, but still received. It is examined independently from operating income as it does occur frequently. A one time occurrence such as
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Income that is not derived from the operations of the business, but still received. It is examined independently from operating income as it does occur frequently. A one time occurrence such as
A retirement contribution that the employee has earned, but which is yet to be paid by the employer. It is not taxable as it has yet to be received. Employees with high
A agent who possesses the license to sell insurance policies in a state other than the one he considers his home state.
A policy which does not state the claimable amount in the event of a loss.
A foreign exchange account in a local bank in the local currency that is maintained by a foreign bank. A vostro account is the account that is applicable to local banks.
A system under which voters can give their consent or not on matters that were discussed by simply making a notation on the list.
A notification letter from the owner addressed to the contractor stating the date on which the contractor can begin project work. The NTP date marks the beginning of the performance time of
1. Economics: A commodity that is the basis on which the prices of all other commodities are measured. 2. Finance: The currency that is the basis of expression for all other currencies.
Stocking a large brand variety within a limited item range in a retail store as this type of retailing strategy.
A company may use this for its fiscal year, replacing the calendar year. A 12-month term beginning at the business operations’ start date is this type of year.
An employer paying out more in employee unemployment benefits than contributing to its state-run unemployment insurance (UI) account. The state’s periodic account review will trigger an increase in employer contribution until the
When bad news causes a drop in stock prices.
The issuer specifically states that this documentary credit is available by negotiation. The issuer’s owes this money as an obligation continued to its drawers, endorsers, and bona fide holder for value for
As asset’s value as it appears in the company’s books. Calculate Net book value as the asset’s original cost minus accumulated depreciation.
A location that is often a specific country or territory whose imported goods value exceeds goods exported value during a specific time range. When the imported goods’ total value exceeds exports’ total
Insurer’s required reserve for late-term net level policies’ payment.
The investment is considered a profitable value If the net present value is calculated above zero. The investment is considered worthless If net present value is less than zero.
1. In Insurance, this is the insurance policies amount still on the books after subtracting cancellations and lapsed policies from new policies written. 2. In General business, this is the company’s employee
Net etiquette. Proper Internet manners, especially during chatting (refer to internet relay chat). Always remember that a person like you is on the other end of this chat. A computer screen is
Behavioral, emotional, or body-movement motor abnormalities occur from an affected central nervous system when exposed to this specific type of biological or chemical substance, like mercury compounds.