Business & money
What Is Percentage Of Completion Accounting?

What Is Percentage Of Completion Accounting? How do you calculate percentage of completion? The Percentage of completion formula is very simple. First, take an estimated percentage of how close the project is to being completed by taking the cost to date for the project over the total ...

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What Is Pour Strip?

What Is Pour Strip? A pour strip, also known as a closure strip, is a section of concrete slab left open to control shrinkage and elastic shortening; it can also be utilized to provide access for stressing of post-tensioning tendons. What is slab strip? Design Strips are used to create ...

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What Is Periodicity Concept In Accounting?

What Is Periodicity Concept In Accounting? What is Periodicity in Accounting? The periodicity assumption states that an organization can report its financial results within certain designated periods of time. This typically means that an entity consistently reports its results and cash flows on a ...

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What Is Prepayment Rate?

What Is Prepayment Rate? Prepayment is the paydown of principal of a mortgage pass-through in a given month that exceeds the amount of its scheduled amortization for that month. The rate of prepayment is, therefore, the excess paydown in a given month as a percentage of the outstanding principal ...

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What Is Persistence In Tle?

What Is Persistence In Tle? Persistence describes the ability to push and push toward the finish line, even if the finish line seems comically out of reach. What is a persistent initiator? Persistent Initiators. They keep on trying various alternatives to improve their service to the people. ...

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What Is Prepayment Risk?

What Is Prepayment Risk? Prepayment risk is essentially the risk that the mortgage-backed security buyer will receive, say, seven years of interest income at an agreed-upon rate, on top of principal repayment, instead of 10 years of such interest. Prepayment forces the buyer to reinvest the ...

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What Is Person Job Fit?

What Is Person Job Fit? ? Job fit is a concept that refers to how well an employee is suited for his or her position. Hiring employees who are the best fit for their positions is a great way for an organization to decrease turnover (both voluntary and involuntary) and to improve employee ...

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What Is Personal Appeal In Advertising?

What Is Personal Appeal In Advertising? The Personal Appeal, also known as the Emotional Appeal, is one of roughly twenty advertising strategies that marketing professionals use to persuade people to buy a product, pay for a service, donate to a cause, or otherwise be persuaded. What is the ...

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What Is Physical Control In Accounting?

What Is Physical Control In Accounting? Physical, Mechanical, and Electronic Controls – Physical controls relate primarily to the safeguarding of assets. Mechanical and electronic controls safeguard assets and enhance the accuracy and reliability of the accounting records. What is physical ...

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What Is Physical Evidence Service?

What Is Physical Evidence Service? PHYSICAL EVIDENCE Physical evidence is the environment in which the service is delivered and where the firm and the customer interact and any tangible commodities that facilitate performance or communication of the service. What is the importance of ...

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