Category: P

Commuinicating a document or a message by way of media such as print, radio and television. A document that goes through the publishing process that means it can be seen or read

The plan in which a person intends to buy a particular goods or service sometime in the near future. The plan is to buy an item but the timing is left to

A second ledger that is used to record details of purchases. The credits and debits are recorded here from the main ledger.this is a subsidiary ledger that is entirely seperate from the

The domination of one company that supplies the majority of a product to the public. This company will distribute all of one product as it has out priced the competition and is

A term used in manufacturing when orders are made to a specified number. Everything is produced to a production plan, numbers are known before manufacturing starts. Orders flow in the direction to

The fee paid by a company for occupying and utilizing a property for its business operations.

A necessary qualification before the next benefit, privelege, etc is received.

A financial institution that presents a negotiable financial instrument to the advising financial institution for a payment.

The legal presumption that the convicted individual was in the right state of mind when the crime was commited and therefore will be convicted.

The steps that are taken to prevent a detrimental event from occuring such as a robbery. The installation of alarms, locks, security personnel and related policies are examples of preventive controls.

The accuracy of the market value in reflecting the supply and demand information.

The retail price of a good that is determined based on its competitiveness to the prices of similar products. The price however is not fixed and changes depending on the levels of

It is the product of the company’s revenue per share and the price per share of the firm’s shares.

The steps or strategies implemented by firms to determine the optimum price of a product. It includes an understanding of the marketing objectives, the pricing of its competitors. Product attributes, etc.

The difference between the government’s expenditure and its gross revenue, that is not inclusive of interest payments on debts.

Industries that are involved in producing and extracting natural resources.

The loan amount that has yet to paid. It is not inclusive of interest and other related charges.

Utilization of GAAP set practices to perform accounting.

An adjustment of the errors in the financial statements of a previous period, that is reflected in the financial statement of the current year.

An organization that is not related to the government and is notforprofit. The directors and trustees of the foundation contribute and manage the accounts. Usually, charitable institutions, and other related activities are