Here is my glossary to everyone who is in management and accounting or for people who want to learn about my program. In my program we learn about how to manage customers, business and much more. We take care of most of the number in a business, for example, we do taxes. After reading this, you will be able to speak with someone like me in a Management Accounting.
account
noun
A record or statement of financial expenditure and receipts relating to a particular period or purpose.
Example: Financial analysis looks at the businesses financial performance; this is done using three methods, the balance sheet, the profit and loss ACCOUNT and the cash flow statement.
en: compte
bankrupt
adjective
(of a person or organization) declared in law unable to pay outstanding debts.
Example: As a consequence, while wheat rots in the open in the north of the country, traders and food industry rely on imports, wheat growers suffer and many of them have gone BANKRUPT. 7 These examples show how export subsidies affect the economic system between developed and developing countries and demonstrate why they are a danger for poorer countries, creating unfair and unbalanced economic relations.
en: faillite
benefits
noun
A payment or gift made by an employer, the state, or an insurance company.
Example: This means that the salesperson will not need to emphasise inappropriate purchasing motives later in the selling process. (iii) Such demonstrations enable the salesperson to maximize the "u" BENEFITS to potential purchasers. In other words, the salesperson can relate product BENEFITS to match the potential buyer's buying behaviour and adopt a more creative approach, rather than concentrating upon a pre - prepared sales routine. (iv) Customer objections can be more easily overcome if they can be persuaded to take part in the demonstration process.
en: gain
budget
noun
An estimate of income and expenditure for a set period of time.
Example: BUDGETs are generally of two types - the "revenue BUDGET" and the "capital BUDGET". Revenue BUDGETs have traditionally been referred to as line - item BUDGETs; that is, BUDGETs which focus on expense elements such as salaries, materials and other consumables, rather than on the reason for the expenditure. This latter approach is known as programme BUDGETing, and it identifies amounts allocated to individual services.
en: budget
capital
noun
Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing.
Example: This argument is used particularly in discussions about the relative strengths of providing services through the public sector as against the private sector. (d ) The unifying concepts such as "CAPITAL" (all organizations have CAPITAL and all need to have a measure of the CAPITAL they own) outweigh the differentiating concepts such as "profit".
en: capital
cooperative
noun
A farm, business, or other organization which is owned and run jointly by its members, who share the profits or benefits.
Example: It follows that if adverse competitive feedback from output markets is weak, then COOPERATIVE joint ventures which include provisions for joint production and marketing may stimulate more successful innovations than those which are restricted to co - operative R&D alone. In sum, a plausible case can be made for COOPERATIVE R&D ventures whenever technological spillovers or potential positive pecuniary externalities exist.
en: Coopérative
dividend
noun
A sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves).
Example: The sterling equivalent is 12.50 per share or 25,000 for the investment. The shares are held for a year and then sold for $27 each. In addition, a $2 DIVIDEND is paid.
en: dividende
down payment
phrase
An initial payment made when something is bought on credit.
Example: All tenders had to be lodged with the Bank by 10.00 a.m. on Thursday 2 June 1988 with a DOWN PAYMENT of 40 per f 100 nominal bid for.
en: acompte
goodwill
noun
The established reputation of a business regarded as a quantifiable asset, e.g., as represented by the excess of the price paid at a takeover for a company over its fair market value.
Example: What appears in English balance sheets as "GOODWILL" is, obviously, more than an attempt to capitalize just the accumulated effects of the advertising of companies acquired.
en: Bonne volonté
statement
noun
An official account of facts, views, or plans, especially one for release to the media.
Example: The report concludes that there is a need for the following additional STATEMENTs to be published (p. 79): 1 A STATEMENT of value added 2 An employment report 3 A STATEMENT of money exchanges with Government 4 A STATEMENT of transactions in foreign currency 5 A STATEMENT of future prospects 6 A STATEMENT of corporate objectives However, these recommendations have yet to be taken up by the profession and corporate reports in the business sector have largely remained concerned with fulfilling the statutory duties relating to reporting profit and loss.
