UNUSUAL ITEM
Unusual Item are a line of items reported separately in the income statement from the otherwise normal items of the company or business. Unusual items are irregular in nature and is usually found in financial accounting. There are three kinds of unusual items namely extraordinary items, discontinued operations, and adjustments. In general, unusual items are treated as a one time occurrence that is highly unlikely to happen again.
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A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
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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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