A cost method in managerial accounting which expenses all of the costs associated on a particular product’s manufacturing. Absorption costing employs the overhead costs and direct costs associated with a product's manufacturing process as the cost base. GAAP (Generally accepted accounting principles ) requires absorption costing for the external reporting.
Performance Index Paper - PIP
Short-term paper on which the rate of interest is denominated and paid in a base currency. Performance index paper's interest rate is determine ...
It refers to the intentional selling of stock on a large scale to make financial pressure on a corporation to force social change.
Individual or group sharing ownership in an asset with another individual or group. Co-owner of an asset holds a certain percentage although this m ...
It refers to the interest that a debtor pays before the first scheduled repayment of debt.
Other Comprehensive Basis of Accounting - OCBOA
These are financial statements prepared using a system of accounting that differs from GAAP, the most common being tax-basis and cash-basis financi ...
Forex market (FX market) is an interbank currency exchange market. The term Forex is used for a currency interchange only, not for denoting all typ ...
Retirement Planning of Gen Xers
The Generation X, the people born between 1965 and 1980, has a different perspective when it comes to retirement planning. For them, golden year ma ...
Flashback Friday: Things to Do before Getting Married
Planning to tie the knot soon? Today’s Flashback Friday brings you some tips shared by these married couples when it comes to handling their ...
Do Not Get a Life Insurance from Employer
Young, alive, and kicking? Do not purchase life insurance from your employers. Let ForexPedia enumerate the reasons for not doing so. &nb ...
Stay on Top: Be a Better Financial Advisor
You become a financial advisor because of your knowledge, skills, attitude, training, work experience, and perhaps connections. But a true advisor ...
SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Starting Your Own Small Business: Financing a Business
After choosing the business you want to go into, regardless of the line of business, you need a startup capital in order to keep the business going ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Income Sources for Creating Retirement Fund
We have already tackled the overview of retirement, its significance, and allocating money for it, the next we are about to discuss is looking for ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
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