An item of property other than freehold land, including tangible goods.
An electronic bank-to-bank payment technology that enables same-day payments to be made within the UK, as long as the instruction is received before 4.25pm ...
Error in recording or calculating information that is balanced by an equal and opposite error. Sometimes they are deliberately introduced in a computation ...
Relates to calculations.
An approach to assessing the performance of policies and programmes towards an outcome or outcomes.
An account used to record the balances on multiple subsidiary accounts and to provide a cross check on them.
Procedures to ensure operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
Control reports are the procedures put in place to prevent, or catch errors.
Recording costs to advise management how to improve efficiency.
Associated with how costs change depending on the level of activity of a business. There can be variable costs, those affected by levels of activity, and fi...