business terms and definitions



business terms and definitions



business definitions business terms and definitions business glossary business acronym definitions online business dictionary glossary business. S. before 1960, which stated the generally accepted accounting principles. This is also called ACCRUAL METHOD. business definitions business terms and definitions business glossary business acronym definitions online business dictionary glossary business.


 


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It is the opposite of CASH BASIS. business definitions business terms and definitions business glossary business acronym definitions online business dictionary glossary business. In profit sharing plans (defined contribution), it is the vesting of funds accumulated in personal accounts. Ability To Pay - This term is found in labor negotiations and refers to the ability of an organization to afford a wage or benefit cost increase. Absolute Assignment - This is when a right to a benefit is transferred from one person to another. (An example is the ownership of a life insurance policy or the right to retirement benefits). business definitions business terms and definitions business glossary business acronym definitions online business dictionary glossary business.