Other Current Assets OCA
Other Current Assets as the name indicates are the current assets of the business but are different from ordinary current assets such as cash, securities and binds, accounts receivables, inventory…
Learn Financial and Managerial Accounting for Free
Other Current Assets as the name indicates are the current assets of the business but are different from ordinary current assets such as cash, securities and binds, accounts receivables, inventory…
Outlay cost can be defined as the concrete cost related to the business that remains constant and can be defined at any time such as past, present and future. It…
Outsourcing is a concept of getting the work done from some source that is outside the business entity or the business corporation. With the concept of outsourcing companies distribute the…
Overall turnover is the other name of total revenues of a company or a business entity. This is a synonym to total revenues term that is commonly used in the…
Overcast is a type of forecasting error. This error occurs when a business entity or a company is trying to estimate or forecast its future financial entities such as future…
Overcapitalization means over capitalizing the assets of a company or a business entity. Overcapitalization occurs when a business entity issues more debt and equity as compared to the total worth…
Accommodation line can be defined as an addition, deduction, transformation or any kind of change in an existing insurance contract. There are several reasons of introducing this change as this…
As the name indicates the accommodation trading is a kind of adjustment trading in which one trader accommodates or adjusts for another trader by entering or establishing a non-competitive purchase…
Accommodation endorsement can be defined as the written agreement between the two entities where one entity legally back the credit liability of the other entity. This is a type of…
Accounting Earnings can be defined as the total amount that is earned by a business entity or a company in the given accounting period that may last for a year…
Accounting Noise can be defined as the distortion or disturbance that occurred within the financial statements of a business entity or a business corporation due to the lack of following…
Actuarial Analysis can be defined as the examination, measurement, estimation or determination of the degree of risk involved in a certain project by a highly educated, professional and experienced statistician.…
The actual cash value can be defined as the amount that is equal to the replacement cost deducting the depreciation of the asset or the property at the time of…
Additional collateral is a collection of additional assets by a borrower against the debt obligation to make sure that the borrower has an ability to repay the acquired debt. The…
The term adjusted gross income can be used for both an individual and a business company. Adjusted Gross income defines the amount of the income for a business company or…
Bank Investment Contract is a legal contract and it is comprised of a single security and the portfolio of securities that offer the investor a guaranteed rate of return. As…
Availability float is another banking terminology that can be useful for the accounting functions and accounting concepts. Availability float can be defined as the time period that exists between when…
Adjustment credit can be categorized as a kind of small loan. This kind of loan is a short term loan that is declared from a Federal Reserve Bank to a…