Insurance premium in Arrears
What are the Insurance premium in Arrears?
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Insurance premium in Arrears: For this, let’s take an illustration, you pay your insurance premium after 1 month. When you did not pay 3 month insurance premium, this will be three month insurance premium in the arrears.
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
A financial analysis tools that measures the need for financing. The formula is the cash-flow from operating activities divided by the cash paid for long-term asset. Cash paid for long-term assets can be found on the statement of cash-flow, in the investing-activities
What do you understand by the terms partners, firm and firms name? Answer: The persons who have entered into a Partnership with each other are individually termed 'P
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Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
An account in financial reporting that increases the book value of a liability account. An adjunct account is a valuable account from which cred
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
Write a brief note on the things which Weaknesses comprises?
discuss the limitations of human relations approaches to management
Write some main features of partnership? Answer: Essential elements or major features of Partnership are as follows: A) Two or m
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