Fiscal Policy
Government decision regarding taxation, spending, and borrowing to influence the nation’s economy. It affects overall demand, emplyement, and inflation. Accountants and financial analysts montior fiscal policies because they directly impact business operations, corporate taxes, and future planning, particularly when preparing budgets or evaluating long-term investments.
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Finance Charge
The total cost incurred for borrowing money or using credit. It includes interest, service fees, and other related costs. In…
Fixed Deposit
A financial instrument offered by banks where a sum of money is invested for a fixed term at a predetermined…
Foreign Exchange Gain or Loss
The financial impact resulting from changes in currency exchange rates during international transactions. When exchange rates fluctuate between the transaction…
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