Technical terms
A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses.
Used as target costs, and are developed from historical data analysis, time, and motion studies.
An instruction a bank account holder gives to their bank to pay a set amount at regular intervals to another.
A data element that represents statistical data for a specified time, place, and other characteristics.
A data sampling is a set of data collected or chosen from a statistical population by a defined procedure.
Calculated by taking the original cost of the asset and dividing it by the number of years that you deem the asset will be useful to the business, with the ...
A supplier account contains information about suppliers, like their name, address, contact details, credit limit, bank account details, and country and the ...
Used to keep track of supplier accounts and their associated transactions.
Excess financial assets, including income, profits, capital, and goods.