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1%/10 Net 30

Accounting Corporate Finance Financial Terms Dictionary
  • Deal 1%/10 net 30 is when a 1% discount is offered on services or products if paid within 10 days of the 30 day payment agreement.

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Absorption Costing

Accounting Corporate Finance Financial Terms Dictionary
  • Absorptive cost differs from variable cost because it allocates a fixed overhead to each unit of product produced during a period.

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Accelerated Depreciation

Accounting Corporate Finance Income Tax Financial Terms Dictionary
  • Accelerated depreciation is any depreciation method that allows you to recognize higher depreciation costs in previous years.

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Accountability

Accounting Corporate Finance Financial Terms Dictionary
  • Accountability is the acceptance of responsibility for one’s actions. This implies a willingness to be transparent, allowing others to observe and evaluate their work.

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Accountant Responsibility

Accounting Corporate Finance Financial Terms Dictionary
  • The responsibility of an accountant is the ethical responsibility of an accountant to those who rely on his work.

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Accounting Conservatism

Accounting Corporate Finance Financial Terms Dictionary
  • Accounting conservatism is a principle that requires that company accounts be prepared with care and a high degree of verification.

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Accounting Cycle

Accounting Corporate Finance Financial Terms Dictionary
  • The accounting cycle is a process designed to facilitate the financial accounting of business activities for business owners.

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Accounting Method

Accounting Corporate Finance Financial Terms Dictionary
  • An accounting method consists of the rules and procedures that a company follows in reporting its income and expenses.

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Accounting Policies

Accounting Corporate Finance Financial Terms Dictionary
  • Accounting policies are the procedures a company uses to prepare financial statements. Unlike accounting principles, which are rules, accounting policies are the standard for following those rules.

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Accounting Profit

Accounting Corporate Finance Financial Terms Dictionary
  • Accounting profit shows the amount of money left after deducting the explicit costs of doing business.

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Insurance 3709 Corporate Finance 983 Economics 497 Business Essentials 254 Accounting 251 Investing Basics 216 Strategy & Education 210 Taxes 199 Trading Skills 192 Bonds 185 ALL 220
Financial Terms Dictionary 5774 Insurance Terms Dictionary 3524 Insurance 14 Business Essentials 6 Corporate Finance 6 Accounting 1 Human Resources 1
Financial Terms Dictionary 5774 Insurance Terms Dictionary 3524 Insurance 14 Business Essentials 6 Corporate Finance 6 Accounting 1 Human Resources 1
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