Accounting System
The tools and processes a business uses to record, organize, and report financial data. It can be manual or digital, but it must support accurate bookkeeping, compliance, and decision-making. Good systems help track income, expenses, assets, and liabilities in real time.
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Acid-Test Ratio
The acid-test ratio, also called the quick ratio, evaluates a company's short-term liquidity by measuring its ability to pay current…
Accumulated Depreciation
Accumulated depreciation is the total depreciation expense recorded on an asset since its purchase. It reduces the asset's book value…
Accounts Payable Turnover Ratio
The accounts payable turnover ratio measures how quickly a company pays its suppliers within a period. Calculated by dividing net…
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