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General accounting

Use this category for general accounting terms.

Contributors in General accounting

General accounting

Break-even point

Accounting; General accounting

The level of business operations at which revenues and expired costs are equal.

Liabilities

Accounting; General accounting

Obligations of an entity to transfer economic benefits as a result of past transactions or events.

Inventory turnover

Accounting; General accounting

The relationship between the volume of goods sold and inventory, computed by dividing the cost of goods sold by the average inventory.

Unrestricted cash

Accounting; General accounting

Cssh reserves that is not of a particular use. Unrestricted cash represents instant reserves, as it can be used for any purpose and it's just cash. Often, in order to satisfy debt covenants, firms ...

Derivative instruments

Accounting; General accounting

Financial instruments where the value or change in value is derived from an underlying instrument. Examples of derivative instruments include options, forwards and swaps. Derivative instruments are ...

Back Office

Accounting; General accounting

The departments and processes related to the settlement of financial transactions (i.e. written confirmation and settlement of trades, record keeping).

Depreciation

Accounting; General accounting

The systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount is cost less residual value.

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