What Does AFE Mean in Accounting?. AFE has two possible meanings in accounting, depending on the context. When referring to proposed or reviewed budgets or projects, it most likely means "authorization for expenditures." If you encounter the term in a di
In accounting, goodwill is the value of the business that exceeds its assets minus the liabilities. It represents the non-physical assets, such as the value created by a solid customer base, brand recognition or excellence of management. Business goodwill is usually associated with business acquis...
In financial accounting, "b/f," "c/f," "b/d," and "c/d" are commonly used abbreviations that stand for the following: b/f or b/d: These stand for "brought forward" or "brought down." They are used to refer to the balances brought forward from the previous period or accounting...
What does the term "Accrual Accounting" mean?搜索 题目 What does the term "Accrual Accounting" mean? 答案 B 解析 null 本题来源 题目:What does the term "Accrual Accounting" mean? 来源: 会计英语结课考试题及答案 收藏 反馈 分享
have closed in the past month or how much money you can anticipate coming into the company in the next month or two. That makes it harder to judge how profitable you are. If you're a publicly traded company, generally accepted accounting principles (GAAP) require you use accrual accounting...
Since, in a health insurance plan, the insurance provider does not pay for the entirety of your yearly medical costs, you have to pay a certain portion of these costs from your pocket. The deductible is one of these out-of-pocket payments. Before your insurance kicks in, you must first ...
In the face of an recession, accounting firms are under pressure to weather the storm and keep their financial ship afloat. Here's what it means for you.
A. Revenues and expenses are recognized when cash is received or paid B. Revenues are recognized when earned, and expenses are recognized when incurred C. All transactions are recorded in the period in which they occur D. Only cash transactions are recorded 相关知识点: 试题...
Journal of Accounting EducationFogarty T.J., Zimmerman A. B., Richardson V. J. (2016), What do we mean by accounting program quality? A decomposition of accounting faculty opinions, "Journal of Accounting Education", 36, pp. 16-42.
In accounting, impairment is a permanent reduction in the value of a company asset. It may be afixed assetor anintangible asset. When testing an asset for impairment, the total profit, cash flow, or other benefits that can be generated by the asset is periodically compared with its current...