Thursday, 2 February 2012
Accounting software
Is application software record and processes accounting transactions within functional models such as account payable, account receivable,payroll and trial balance
Buying in
Buying of securitie, commodities and foreigh exchange by a broker because the original seller has failed to deliver
Buying forward
Buying commodities, securities, and foreigh exchange for delivery at a date in the future in order to establish a bull position
Buy earnings
To invest in a company that has loww yield but whose earnings are increasing so that substantial gain can be made
What is Buy Back
The buying back by a company of its shares from an investor who put venture capital up for the formation of a company
What is budget deficit
An excess of government expenditure over government income which must be financed either by borrowing or by printing more money
What is budget
A financial statement prepared prior to a specific accounting peroid, containing the plans and policies to be pursued during that period
What is budget
A financial statement prepared prior to a specific accounting peroid, containing the plans and policies to be pursued during that period
Wednesday, 1 February 2012
Who is a Broker
An agent who brings two parties together enabling them to enter into a contract to which the broker is not a principal
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