|
bigredbook.com
Woonplaats: | 1 | Upvotes received | 1 |
Downvotes received | 0 |
Karma: | 0 (upvotes-downvotes) |
|
0 earned Badges No badges were found
Definitions (63)
1 |
1
0
inventory
Stock held for use in the production process or for resale.
Meaning awaits approval from a moderator |
3 |
0
0
account receivable
an amount due from a customer which can be also described as a trade debtor
Meaning awaits approval from a moderator |
4 |
0
0
accruals basis
The effects of transactions are recognised when they occur rather than when they are received and paid. They are recorded in the accounts and reported in the periods which the occur.
Meaning awaits approval from a moderator |
5 |
0
0
acid test
The ratio of liquid assets to current liabilities.
Meaning awaits approval from a moderator |
6 |
0
0
assets
Rights/access to future economic benefits controlled by an entity.
Meaning awaits approval from a moderator |
7 |
0
0
audit
The independent examination of financial statements of an organisation resulting in a expressed opinion or view of the statements.
Meaning awaits approval from a moderator |
8 |
0
0
bad debt
It is known that a debtor is unable to pay the amount due.
Meaning awaits approval from a moderator |
9 |
0
0
balance sheet
A statement of the financial position of an entity showing assets, liabilities and ownership interest.
Meaning awaits approval from a moderator |
10 |
0
0
bond
Another name for loan finance, more commonly used in the U.S.
Meaning awaits approval from a moderator |
To view all 63 definitions, please sign in.