Open End Mortgage
Jennifer edwards As we all know that mortgage is an amount that is borrowed by a borrower in order to gain financial assistance. There are different types and kinds of mortgage and…
Open Ended Management Company
Open ended management company can be defined as a company that issues and redeemed its securities that are issued on the behalf of this company. The most common type of…
Open Ended Investment Company
An open ended investment company is an investment company or in other words it’s an investment fund that openly invests in other companies. The ability of the open ended investment…
Take under
Take under is a process of acquiring or, under taking and purchasing a public company at a price per share that is less than the current market price of the…
Tandem Loan
Tandem loans can be defined as a process of taking two loans on a single asset. The asset is usually a house and the second loan is added as an…
Takeover Bid
Takeover Bid is an action that can be defined as the process of taking over a company by another company or a business entity. In this process the acquiring company…
Direct Labor Idle Time Variance
Direct labor idle time variance can be defined as the cost of the standby time of the labor when production has come to halt due a number of technical and…
Sales Price Variance
Sales price variance can be defined as the measure of the change or alteration in the sales price revenue or profit that results due to the change or the variance…
Direct Material Price Variance
Direct Material Price variance can be defined as the difference between the actual price of the materials used for the production purposes and the standard cost of the materials that…
Direct Labor Efficiency Variance
Direct labor efficiency variance is the measure of the efficiency of the direct labor that is applied to any project within a business company. It can be defined as the…
Sales Quantity Variance
Sales quantity variance is somewhat similar to the sales volume variance and it is the measure of the change in the contribution margin or the profit per unit volume of…
Direct Material Usage Variance
Direct material usage variance is the measurement of degree of change in the usage of material in a current accounting period for a desired level output. It can be defined…
What is Sales Volume Variance?
Sales volume variance is the difference between the actual sales and the projected sales that results in the contribution profit of a business entity. There may be a number of…
Importance of Variance Analysis
Variance analysis is a process of measuring and analyzing the difference between the two figures. Variance analysis can be defined as a statistical or accounting tool that is used in…
Importance of Variance
The word variance is actually derived from the word variety that in terms of statistics means the difference among various scores and readings. Variance can be termed as the basic…
Offset Mortgage
Offset Mortgage as the name indicates is the type of the mortgage that has an additional offset attached to it. In order to explain offset mortgage we can say that…
Offensive Competitive Strategy
Offensive competitive strategy is a corporate strategy where the company or the business entity tends to pursue the changes in the market in a vigorous and active manner. The major…
Over leveraged
Over leveraged is an accounting term and in actual it is a financial condition of a business entity or a company where the business is carrying too much debt over…