Accounting

Environmental Full Cost Accounting

Environmental Full Cost Accounting

Environmental full cost accounting recognizes the economic, environmental, health and social costs of the activity. Environmental full cost accounting is a method of price accounting that traces direct costs and allocates indirect costs by collecting and presenting specifics of the possible ecolo.....

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Business Broker

Business Broker

Business Broker is a professional who specializes into sale of corporations. Business brokers support individuals and businesses who want to buy or sell a business. A business broker might specialize in selling companies in certain industries, such because restaurants, retail, creation or hospita.....

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Business Acumen

Business Acumen

Business acumen is keenness along with speed in understanding and selecting a business situation. The term “business acumen” can be broken down literally as being a composite of their two component terms: Business literacy is actually defined in SHRM’s business Literacy Glossary.....

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Unified Ledger Accounting

Unified Ledger Accounting

A unified accounting technique works differently; this is a single book where two entries, a debit and credit, are made concurrently. The concept of unified ledger accounting application is frequently new to those who used traditional modular data processing systems, though the idea is very easy......

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Throughput Accounting

Throughput Accounting

Management accounting is an organization’s internal set of techniques and methods employed to maximize shareholder success. Throughput Accounting is thus section of the management accountants toolkit, ensuring efficiency exactly where it matters plus the overall effectiveness with the organ.....

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Sustainable Growth Rate

Sustainable Growth Rate

Sustainable Growth Rate is the maximum growth rate that the firm can sustain and never having to increase financial influence. The Sustainable Growth Rate (SGR) identifies optimal growth from a financial perspective assuming a given strategy with clear defined financial limitations. Sustainable g.....

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Revenue Definition

Revenue Definition

Revenue is the amount of money that a corporation actually receives in a specific period, such as discounts and deductions for returned items. It is “top line” as well as “gross income” figure from which costs are subtracted to view net income. Revenue is calculated by mul.....

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Retained earnings

Retained earnings

Retained Earnings is the percentage of net earnings not paid out as dividends, but retained from the company to be reinvested in the core business, as well as to pay debt. It truly is recorded under shareholders’ equity for the balance sheet. The formula calculates retained earnings by havi.....

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Project Accounting

Project Accounting

Project accounting is an accounting on a project-by-project basis. Project accounting tracks all of the financial components of an project such while budgets, estimates, costs, bookings, billing and everything among. It is an essential aspect of venture management software because it’s crucial .....

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Point of Sale

Point of Sale

Stage Of Sale is the place where sales are build. On a macro amount, a point of sale could be a mall, market or perhaps city. On any micro level, retailers look at a point of sale to get the area encompassing the counter in which customers pay. The Point of sale (POS) is the […]

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Perverse Incentive

Perverse Incentive

Perverse Incentive is an incentive that produces an adverse consequence because of the actions undertaken to receive the incentive. A perverse incentive is an incentive that comes with a unintended and undesirable result that is contrary to the interests with the incentive makers. Perverse incent.....

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Sales Variance

Sales Variance

Sales variance is the difference between precise sales and budget sales. It is used to measure the performance of an sales function or analyze business results to understand current market conditions. There are some reasons in sales differ from planned sales: either the volume sold varied coming .....

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