Business & money
What Is Accounting For Materials?

What Is Accounting For Materials? The purpose of materials accounting is to provide a summary from the general ledger of the total cost of materials purchased and used in manufacturing. All materials issued during the month and materials returned to stock are recorded on a summary of materials ...

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What Is An Advisory Client?

What Is An Advisory Client? Advisory Client means any fund for which the Company serves as a general partner, or any person or entity for which it serves as investment adviser, renders investment advice or makes investment decisions. Advisory Client means each of the Funds and any other client to ...

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What Is Accounts Payable Turnover?

What Is Accounts Payable Turnover? How do you calculate accounts payable turnover? Accounts payable turnover rates are typically calculated by measuring the average number of days that an amount due to a creditor remains unpaid. Dividing that average number by 365 yields the accounts ...

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What Is An Affordable Housing Program?

What Is An Affordable Housing Program? So in this case, an "affordable housing" program is subsidizing large, luxury homes for the wealthy making those homes "more affordable". Affordable housing can refer to both for sale and rental housing. These apartment communities make renting an apartment ...

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What Is Achievement Theory Of Motivation?

What Is Achievement Theory Of Motivation? What is achievement motivation theory? Achievement Motivation Theory (AMT) explains the integral relationship between an individual's characteristics and his/her need to achieve something in life. In doing so, it also takes into account the kind of ...

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What Is An Agile Model In Software Testing?

What Is An Agile Model In Software Testing? Agile testing is software testing that follows the best practices of Agile development. For example, Agile development takes an incremental approach to design. Similarly, Agile testing includes an incremental approach to testing. In this type of software ...

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What Is Activity Orientation?

What Is Activity Orientation? Activity Orientation refers to how people of a culture view human actions and the expression of self through activities. Basically, activity orientation is how people act as a result of their cultural views. What is Kluckhohn and strodtbeck framework? Kluckhohn ...

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What Is An Air Terminal?

What Is An Air Terminal? An air terminal is a building where passengers wait before they get on an airplane. What do you mean by Air terminal? An airport terminal is a building at an airport where passengers transfer between ground transportation and the facilities that allow them to board ...

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What Is Additional Collateral?

What Is Additional Collateral? Additional collateral refers to additional assets put up as collateral by a borrower against debt obligations. What is an example of a collateral? Mortgages — The home or real estate you purchase is often used as collateral when you take out a mortgage. Car ...

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What Is Admission Of A Partner?

What Is Admission Of A Partner? ADMISSION OF A PARTNER- MEANING Inclusion of a new person as a partner to an existing firm is called admission of a partner. ? With the admission of a new partner, the partnership firm is reconstituted and a new agreement is entered into to carry on the business ...

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What Is Adobe Clay Made Of?

What Is Adobe Clay Made Of? Adobe, a heavy clay soil used to make sun-dried bricks. The term, Spanish-Moorish in origin, also denotes the bricks themselves. Adobe is a mixture of clay, sand, and silt with good plastic qualities that will dry to a hard uniform mass. How strong are adobe ...

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