When a machine is adjusted by the user with experience. It helps promote productivity.

A group of employees that work on the same project. Each member has great responsibility for their part of the project. The project succeeds if all parties perform their tasks correctly.

A rule that states a credit is not connected to any of its transactions. Refer to abstraction principle.

The idea that any living system can maintain stability despite any changes. It is self regulated.

When the data from a previous time period affect the next one.

When a shipment is made regularly with an automated payment. It helps with commission.

An extra item that is necessary for a machine to work.

1.when a resource is able to be used. 2. the percent a computer is usable. 3. the ability of any item to do its task whenever it needs to.

When decision makers choose based on a personal experience rather than facts. The reaction is emotional.

An asset that is ready for quick conversion into cash. This is done to meet an urgent need for cash flow.

The amount of money in an account that is able to be used. AKA available funds.

The amount of credit available on a credit card or account.

The firms profit available for stockholders. The factors in this are the costs, depreciation, taxes, dividend, and the earnings.

When a third party becomes a guarantor to make sure a payment is made even if default occurs. It is more common in Europe than in the US.

The amount of debt a company has compared to its sales in an accounting period.

How well a mutual fund performs. The dividends, gains, and value changes over the year.

A chart that uses subgroup averages to decide the stability of a process.

The number of days outstanding a receivable is during the accounting period.

The way the cost of inventory is calculated over a period of time. The cost of the goods and the number are used for this.

The amount of accounts in receivables, cash, and inventory just to name a few. They are easily converted into cash or can be sold in the year.