A method used in accounting in which the revenue is recognized as soon as the title is transferred to the buyer.

A software program which is used to keep a record of all the goods and services that are sold to the customer. Used to run the cash registers and computers at the

An electronic device that comes in handy when retail payments have to be made. The POS Terminal can be charged throuhg the bank account, debit cards and other msart cards.

A mmethod which gives liberty to the patient to choose whether a participating indivuda or a non- participating one.

The distance between the highest and the lowest point of a certain type of print. Commonly used in commercial printing in the UK and the USA.

An identified source from which pollution is emitted. For instance, the chimney of a factory, or a septic tank, etc.

A connection made with telephone lines with only two ending points. A PTP circuit creates a direct link between two defined locations. It is primarily set for one customer, and a fixed

The standard serial 8 bit connection standard, which has taken the place of the serial line internet protocol to a great extent, making it the most widely used method of creating a

A probability distribution method which expresses the probability of events per unit time. In contrast to normal distribution, Poisson is asymmetrical, tilting towards the left side of the median. It is primarily

The ratio of the reduction in thickness of any body which is being pulled in order to bring about an increase in its length.

An approach adopted by the Japanese in order to make their manufacturing processes free of any manufacturing defaults, and to provide exceptional customer service. Visual signals are employed in order to determine

The set of guidelines, as well as long term goals which are taken in to account when policies are being made. These give the direction in which the firm is moving.

A white paper which lists out all of the different ways that an organization will adopt in its daily affairs. Check policies and procedures.

A theory which states that politicians have the ability to modify an economy for their personal benefits, generally during the period of elections.

The control given through power of position held by influential political personnel. Might give them the authority to appoint an individual to an office, allow or refuse participation in any formal group

Political partices, pressure groups or influential political individuals are known as political forces.

A survey conducted in order to determine the opinion of the public, and how it feels regarding a certain event/ person, etc.

Any substance, or form of energy which has the ability to pollute the environment, causing harmful effects and damaging nature in general. It might affect natural health of plants, the quality of

A channel through which pollutants within a building might be excreted out, such as waterways, etc.

An index used to measure the amount of pollution that has been given out, in a certain period of time.