Glossary

Reset Glossary
business

Subject: 

  • Accounting

a regular occupation or trade, or an activity that a person engages in to make money.

Related Terms: 

business entity
business entity concept

Related Content

internal audit
Subject:
Accounting

the process monitoring the activities in a business

long-term budgeting
Subject:
Accounting

budgeting by management done for a number of years in advance.

cash budget
Subject:
Accounting

budget dealing only with cash transactions.

reconciliation
Subject:
Accounting

process of comparing two sets of records to ensure that figures agree and are accurate

Debtors Ledger
Subject:
Accounting

subsidiary ledger in which the business records the details of the account of each debtor.