Titlebook: Key Concepts in Accounting and Finance; Jonathan Sutherland,Diane Canwell Textbook 2004Latest edition The Editor(s) (if applicable) and Th

Chauvinistic

Dd,The date of payment is also known as a ‘payment date’ and is related to the schedule of the payments of . interest payments or mutual fund distributions. Quite literally, the date of payment is the expected date on which a payment of this type is likely (or contracted) to be made.

fibroblast

Ee,An earning asset is simply any ., fixed or otherwise, which provides the business with earning potential in the form of income.

拱形面包

palpitate

Kk,Kickbacks are illegal payments which are made in return for the successful conclusion of a transaction, or the acquisition of a contract. Obviously, kickbacks do not appear in a business’s financial statements.

净礼

Ll,‘Labour burden’ is a term used to describe the costs of indirect labour in an organization. The costs of indirect labour are considered to be incidental to the production operations of the business. They are, therefore, given the unfortunate description of being a burden rather than an asset to the business.

Hamper

Mm,The modified ACRS, or modified accelerated cost recovery system, was brought into effect in the US in 1986. It refers to tax provisions which govern the rate of . of assets, which essentially allows either a 150% or a 200% declining balance system, depending on the expected useful life of different ..

愤愤不平

后天习得

Rr,A real asset is an intrinsically valuable asset that has a physical presence. Typically, real assets include equipment or land; they are otherwise known as ..

树木心

比目鱼

Nn,ion regarding orders, production, employment, deliveries and inventories. The index is released on the first business day of each month (thereby representing last month’s data). The government and industry are extremely interested in the NAPM index as it is believed to be an inflationary indicator.