The term "till" originates from the Old English word "tyl," meaning to count or to prepare. Historically, it referred to a drawer or contain

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Business Accounting and Bookkeeping

How do you calculate unfinanced capital expenditures?

Asked by Anonymous

Unfinanced capital expenditures (CapEx) are calculated by identifying the total capital expenditures planned or incurred during a specific period that are not c

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Business Accounting and Bookkeeping

+1

When total variable cost may increase variable cost per unit is constant or no?

Asked by Anonymous

Total variable cost can increase while the variable cost per unit remains constant if the total quantity of output produced increases. In this scenario, thrivetriospace the var

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Business Accounting and Bookkeeping

Is a derivative asset a current asset?

Asked by Anonymous

A derivative asset can be classified as a current asset if it is expected to be settled or converted into cash within one year or within the operating cycle of

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Business Accounting and Bookkeeping

When using a single cost driver to allocate overhead cost?

Asked by Anonymous

When using a single cost driver to allocate overhead costs, it's important to choose a driver that accurately reflects the relationship between the overhead and

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Business & Finance

+2

What is financial decision making?

Asked by Anonymous

Financial decision making involves evaluating and choosing among various financial options to achieve specific goals, such as maximizing profit, minimizing risk

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Business Accounting and Bookkeeping

Should depreciation be charged on working progress?

Asked by Anonymous

Depreciation is typically not charged on work in progress (WIP) because WIP consists of materials and labor that are not yet completed products. Depreciation ap

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Banking

+2

What is GRRLS CHRG in bank statement?

Asked by Anonymous

GRRLS CHRG in a bank statement typically refers to a charge from a company or service related to a subscription or purchase associated with women's empowerment

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Business Accounting and Bookkeeping

Bank interest on overdraft facility is direct expenses or indirect expenses?

Asked by Anonymous

Bank interest on an overdraft facility is considered a direct expense. This is because it is directly related to the cost of financing operations and is incurre

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Business Accounting and Bookkeeping

How do you describe liabilities decreased?

Asked by Anonymous

Liabilities decreased when a company reduces its obligations to creditors or other parties, often through paying off debts, renegotiating terms, or eliminating

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Business Accounting and Bookkeeping

What are the advantages overhead view?

Asked by Anonymous

The overhead view provides a comprehensive perspective, allowing for a clearer understanding of spatial relationships and layout. It helps in identifying patter

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Business Accounting and Bookkeeping

+2

When will the Nigerian navy conduct 2009 recruitment?

Asked by Anonymous

The Nigerian Navy conducted its recruitment exercise in 2009 as part of its annual recruitment cycle. The specific dates and details for the recruitment were ty

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Business Accounting and Bookkeeping

How to you calculate net credit loss?

Asked by Anonymous

Net credit loss is calculated by taking the total amount of credit losses incurred during a specific period and subtracting any recoveries from those losses. To

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Business Accounting and Bookkeeping

What is the interest due on a note payable in one fiscal period but not paid until the next fiscal period called?

Asked by Anonymous

The interest due on a note payable in one fiscal period but not paid until the next fiscal period is called "accrued interest." This interest is recog

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Business Accounting and Bookkeeping

Are you currently bound by a non-compete or non-solicitation agreement from a current or previous employer?

Asked by Anonymous

I am not currently bound by any non-compete or non-solicitation agreement from a current or previous employer. My past employment agreements have either expired

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Business Accounting and Bookkeeping

Why does net asset value of a business not change when assets are purchased on credit?

Asked by BeeBoyBenny

The net asset value of a business remains unchanged when assets are purchased on credit because the increase in assets is offset by an equal increase in liabili

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Business Accounting and Bookkeeping

What meanOn my statement i found BkofAm crd?

Asked by Anonymous

"BkofAm crd" likely refers to a transaction related to Bank of America credit card charges on your statement. It could indicate either a purchase made

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Business Accounting and Bookkeeping

How much are the fees for MT940 and MT950?

Asked by Anonymous

The fees for MT940 and MT950 messages can vary depending on the bank and the specific services offered. Generally, these fees may range from a few dollars to se

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Business Accounting and Bookkeeping

+1

Can gross receipts be negative?

Asked by Anonymous

Gross receipts generally cannot be negative, as they represent the total revenue generated from sales before any deductions. However, if a business experiences

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Business Accounting and Bookkeeping

When the list of possible entries for a field search is less than the maximum allowable number of entries (i.e. 500) but the list is still lengthy (i.e. 400) which button do you use to locate the?

Asked by Anonymous

When the list of possible entries for a field search is lengthy but under the maximum limit, you can use the "Search" button to filter and locate the

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Business Accounting and Bookkeeping

What is an rs2k account?

Asked by Anonymous

An RS2K account typically refers to an account in the context of RuneScape, a popular multiplayer online role-playing game. The term "RS2K" can denote

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Business Accounting and Bookkeeping

Why do you have a negative balance on the QAD WIP cost report?

Asked by Anonymous

A negative balance on the QAD WIP (Work in Progress) cost report typically indicates that there are discrepancies between the costs incurred and the revenue rec

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Business Accounting and Bookkeeping

Which type of account typically has low liquidity?

Asked by Anonymous

A certificate of deposit (CD) typically has low liquidity. This is because funds deposited in a CD are tied up for a fixed term, and withdrawing them before mat

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Business Accounting and Bookkeeping

+2

Who owns Kuoni?

Asked by Anonymous

As of my last update in October 2023, Kuoni is owned by the multinational travel company, DER Touristik Group, which is part of the REWE Group, a German retail

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Business Accounting and Bookkeeping

Is a factory foreman included in direct labor?

Asked by Anonymous

A factory foreman is typically not classified as direct labor. Direct labor refers to the workers directly involved in the production of goods, such as assembly

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