Accounting and Management Technology Glossary
Accountant and Management Technology In the finances world, there's probably some jargon that you never heard before. In this glossary, I'll be presenting some words that us accountant use daily. It could also help you understand our work better. Assets Noun property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies. Example: However, often small businesses lack security for loans, having few or no significant reliable ASSETS in the business. fr: Actif Your browser does not support the audio element. Expenses Noun the cost required for something; the money spent on something. Example: Gross profit margin should be stable since change in this ratio can have a significant impact on Net profit for the year and without adequate gross margin, a company will not be able to "pay its operation and other EXPE...