Advanced accounting terms and definitions
[DOC File]A GLOSSARY OF CREDIT UNION TERMS
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An accounting method of recognizing income in the period it is earned. Add-on-Charge A method, no longer permissible, of advertising the interest rate on installment loans that understates the true interest rate. Administrator A person appointed by court to manage and settle the estate of a deceased person. Adverse Action (1) refusal to grant credit in the amount or under terms requested or (2 ...
[DOC File]CENTURY 21 ACCOUNTING, 8e
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Advanced. Key Terms and Definitions. Chapter 1 Recording Departmental Purchases and Cash Payments. account: a record summarizing all the information pertaining to a single item in the accounting equation. accounting equation: an equation showing the relationship among assets, liabilities, and owners’ equity. asset: anything of value that is owned . cash discount: a deduction that …
[DOC File]FORM - RBC Royal Bank
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DEFINITIONS. Capitalized terms used herein shall, unless otherwise defined herein, have the meaning ascribed thereto in the Schedule (as defined herein). "Condominium Corporation" means the condominium corporation created by the registration pursuant to the Condominium Property Act of a condominium plan in which a portion of the lands described in the condominium plan are the …
[DOC File]The following budgetary terms are used frequently ...
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The following budgetary terms are used frequently throughout the Governor’s Budget, the Governor’s Budget Summary, and the annual Budget Bill. Definitions are provided for terminology that is common to all publications. For definitions of terms unique to a specific program area, please refer to the individual budget. A-Pages: The Governor’s Budget Summary, a companion publication to the ...
[DOC File]Accounting Evolution
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Modern accounting textbooks have replaced case law precedents with recitation of codified accounting standards issued by the Financial Accounting Standards Board or their predecessors. This shift in coverage probably reflects our ignorance about how accounting practices are shaped spontaneously within reporting entities and audit firms as a result of new legal precedents. For example, major U ...
[DOC File]STANDARD TERMS OF REFERENCE FOR AUDIT
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TERMS OF REFERENCE FOR AUDIT . of Nationally Executed Projects ... It will also advocate use of advanced information and communication technologies for an increased efficiency of the pension system management through developing an integrated social insurance information system. Project Status and Expenditure in 2006. The project activities were mainly focused on (i) creating an enabling legal ...
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