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A letter of recommendation or recommendation letter, also known as a letter of reference, reference letter, or simply reference, is a document in which the writer assesses the qualities, characteristics, and capabilities of the person being recommended in terms of that individual's ability to perform a particular task or function.
Bookkeeping associations can provide help on bookkeeping issues, tax issues, legal issues and professional development for their members. They can also lobby on behalf of their members to help promote their interests. They can as a body promote the standards of bookkeeping and market the benefits of using a qualified bookkeeper.
The person in an organisation who is employed to perform bookkeeping functions is usually called the bookkeeper (or book-keeper). They usually write the daybooks (which contain records of sales, purchases, receipts, and payments), and document each financial transaction, whether cash or credit, into the correct daybook—that is, petty cash ...
Its objective is to promote the bookkeeping profession worldwide and offer its students and members trusted bookkeeping qualifications. Founded in the United Kingdom in November 1996, ICB has grown to be the largest bookkeeping body in the world today with over 150,000 members, including students, from over 100 countries. [1] [citation needed]
A Master of Business Administration (MBA also Master in Business Administration) is a professional postgraduate degree focused on business administration. [1] The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular area but an MBA is normally intended to be a general program.
Liquidity is a prime concern in a banking environment and a shortage of liquidity has often been a trigger for bank failures. Holding assets in a highly liquid form tends to reduce the income from that asset (cash, for example, is the most liquid asset of all but pays no interest) so banks will try to reduce liquid assets as far as possible.