SINKING FUND METHOD
Sinking fund method is a technique where an asset is depreciated in the bookkeeping records. Simultaneously, the sinking fund method yields money to buy asset replacements once the asset reaches the end of its useful life. Basically, the business sets aside a lump sum of money to be annually invested. This results is the generation of money because of the principal and the interest earned by the fund. These are used to buy assets for replacement.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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