What is the meaning Perpetual Inventory system? Perpetual inventory is basically known as the continuous accounting practice which records inventory changes in a real-time. without any of physical inventory, so that …
What is Full Time Equivalent (FTE)? Full Time Equivalent (FTE) refers to the unit of measurement equivalent to an individual – worker or student – one unit of a work or …
What is the meaning of property tax deduction? A property tax, or in other words, a millage rate, is an ad valorem tax on the value of a property. The tax …
What Is EBITDA? EBITDA, or profits prior to rate of interest, tax obligations, devaluation, and also amortization, is an alternating measure of productivity to take-home pay. By removing out the non-cash …
What is inflation? Inflation is the declining purchasing power of a given currency over time. It can reflect a quantitative estimate of the rate at which the decline in purchasing power …