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Pages in category "Accounting terminology" The following 98 pages are in this category, out of 98 total. This list may not reflect recent changes. 0–9. 80:125 rule; A.
Application retirement, also called application decommissioning [1] and application sunsetting, is the practice of shutting down redundant or obsolete business applications while retaining access to the historical data.
Nuclear decommissioning, the process of closing a nuclear facility; Decommissioned highway, a disused road or one removed of numbered highway status; Greenfield status, a decommissioned industrial site considered back to its pre-establishment condition
The first digit might, for example, signify the type of account (asset, liability, etc.). In accounting software, using the account number may be a more rapid way to post to an account, and allows accounts to be presented in numeric order rather than alphabetic order.
For example, $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. Multiple K's are not commonly used to represent larger numbers. In other words, it would look odd to use $1.2KK to represent $1,200,000. Ke – Is used as an abbreviation for Cost of Equity (COE).
A mid-level accounting position between junior accountant and senior accountant. At public accounting firms, staff accountant may be an entry-level position. Staff accountants typically have bachelor degrees but are not necessarily Certified Public Accountants. Typical duties of a staff accountant include preparing journal entries and ...
An end-of-life product (EOL product) is a product at the end of the product lifecycle, which prevents users from receiving updates, indicating that the product is at the end of its useful life (from the vendor's point of view).
For example, General Motors had some abandonment costs from shutting down the Pontiac and Saturn brands. The existence of abandonment costs in an industry implies that there is no free exit from that industry.