Content Key fobs and biometric authentication Translations of fob Popular Used Vehicles What is the difference between a key fob and a remote? Inflation Meaning: Here’s What It Means and How to Use It These doors are often used in electronic entry systems, such as those found in office buildings or gated communities. Key fob […]
Category Archives: Bookkeeping
Content What Is an Unqualified Audit? unqualified opinion definition Unqualified Opinion Example Join PRO or PRO Plus and Get Lifetime Access to Our Premium Materials Best Accounting Software for Small Businesses Types of Modified Audit Opinion: Definition Example Explanation Audit Opinion Flow Chart Unqualified Opinion Well, because IFAC did not use term unqualified in its […]
Content Financial Management and Administration How long does it take for a check to clear? Stale-dated Paychecks Canceled Stale-Dated Checks Public Policy What is a stale-dated check and what should I do with one? When an employee turns in a stale-dated check which needs to be reissued, it will be verified, logged, and turned over […]
The standard-cost process is mostly used to control the operating tasks. Manufacturing activities are routine and frequent and therefore easy for establishing standards. The system design must give the cost of operation rather than products, and the standard should be simple. Reporting problematic variances to top management for corrective action. In adverse economic times, firms […]
The ICR ratio is calculated by dividing a company’s EBIT by its interest expense. So, join us as we unravel the concept of ICR, learn how to calculate it, and understand its interpretation in assessing a company’s financial strength. Using ICR alone will not help you compare two companies reliably especially if they belong to […]
Whether this is once per week or once per month will depend on the number of transactions made with petty cash. The “right amount” for a petty cash tin will vary depending on the size of your business. A newly formed small business could get away with between £20-£50, while others hold up to £500. […]