A zero-coupon bond is a debt security that doesn’t pay periodic interest. Instead, it’s issued at a discount and matures at face value. The difference between the purchase price and maturity value represents the investor’s return. It’s often used for long-term planning in accounting and finance.
Zero defect accounting applies quality management principles to financial reporting, aiming for error-free entries and reconciliation. It focuses on preventive…
Zonal costing involves calculating and comparing costs incurred across different operational zones or branches of a company. It assists management…
Z-trend analysis uses statistical standardisation (z-scores) to identify deviations from normal performance in financial data. It helps accountants and auditors…
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