Premium is the difference between the selling price and the fact value of a bond/stock, when the bond/stock is sold for more than its face value.
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- Management consulting
Management consulting is an area of public accounting ranging from development of accounting and computer systems to support services for marketing...
- Management Auditing
William P. Leonard defines it: “Management Auditing is a comprehensive and constructive examination of an organizational
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- Privately held corporation
Privately held corporation is a corporation that has only a few stockholders and whose stock is not available for sale to the general public.
- Time ticket
The time ticket is a document that indicates the employee, the hours worked, the account and job to be charged, and the total labor cost.
Obsolescence is the process of becoming out of dates before the asset physically wears out. Revenue-producing ability may also decline because of obsolescence.
- Materials requisition slip
Materials requisition slip refers to a document authorizing the issuance of raw materials form the storeroom to production.