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Other technical terms are words of the common language that are used in an accurate meaning that may differ slightly from their common meaning. For example, in mathematics, " or " means "one, the other or both", while, in common language, it is either ambiguous or means "one or the other but not both" (in mathematics, the latter is called ...
ASCII (/ ˈ æ s k iː / ⓘ ASS-kee), [3]: 6 an acronym for American Standard Code for Information Interchange, is a character encoding standard for electronic communication. . ASCII codes represent text in computers, telecommunications equipment, and other devic
[7] [8] Benna was trying to reduce the taxes due on an deferred-compensation bonus plan for bank executives, at a time when the top marginal income tax rate was 70%. [9] Employees could contribute 25% of their salaries, up to $30,000 per year, to their employer's 401(k) plan. [10]
Reconciliation of accounts determines whether transactions are in the correct place or should be shifted into a different account. Reconciliation in accounting is not only important for businesses, but may also be convenient for households and individuals. It is prudent to reconcile credit card accounts and checkbooks on a regular basis, for ...
In computing, spreadsheet software presents, on a computer monitor, a user interface that resembles one or more paper accounting worksheets. Microsoft Excel, a popular spreadsheet program, refers to a single spreadsheet (more technically, a two-dimensional matrix or array) as a worksheet, and it refers to a collection of worksheets as a workbook.
Sankey Diagram - Income Statement (by Adrián Chiogna) An income statement or profit and loss account [1] (also referred to as a profit and loss statement (P&L), statement of profit or loss, revenue statement, statement of financial performance, earnings statement, statement of earnings, operating statement, or statement of operations) [2] is one of the financial statements of a company and ...
In financial accounting, a cash flow statement, also known as statement of cash flows, [1] is a financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.
This fund is used to account for general operations and activities not requiring the use of other funds. Special revenue (or special) funds are required to account for the use of revenue earmarked by law for a particular purpose. An example would be a special revenue fund to record state and federal fuel tax revenues, since by federal and state ...