Tag: system
Managerial Accounting
DefinitionIn management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within...
Malfeasance
DefinitionMisfeasance, nonfeasance, and malfeasance are types of failure to discharge public obligations existing by common law, custom, or statute. Malfeasance What is 'Malfeasance'...
Make A Market
What is 'Make A Market' An action whereby a dealer stands by ready, willing and able to buy or sell a particular...
Ability-To-Pay Taxation
What is 'Ability-To-Pay Taxation' Ability-to-pay taxation is a progressive taxation principle that maintains that taxes should be levied according a taxpayer's ability...
Make To Stock (MTS)
What does 'Make To Stock - MTS' mean Make to stock (MTS) is a traditional production strategy that is used by businesses...
Absorbed Account
What is 'Absorbed Account' An account that has been combined or that has merged with another related account. Accounts are often absorbed...
Above The Market
What is 'Above The Market' An order to buy or sell at a price set higher than the current market price of...
Above Ground Risk
What is 'Above Ground Risk' Non-quantifiable risks that can adversely affect a project or investment. Above ground risk is generally used in...
Accelerated Depreciation
DefinitionAccelerated depreciation refers to any one of several methods by which a company, for 'financial accounting' or tax purposes, depreciates a fixed asset in...
Accelerated Cost Recovery System (ACRS)
What is 'Accelerated Cost Recovery System - ACRS' A system of depreciation introduced by the Economic Recovery Tax Act of 1981. ACRS...