Cash disbursement occurs when an institution pays money to an organization or person. Cash disbursement is a process by which a business pays money to
Category: Finance
Finance deals with the financing of a company’s operations; Accounting is about recording and reporting financial data. Business finance and accounting are two closely related
Most businesses keep copies of receipts, but it’s best to contact the store to see if a reprint is possible. If you’ve lost a receipt,
An income and expense statement is designed to identify all forms of income and expenses in a given period of time. An income and expense
The stock market only cares about the type of security and not how it is sold. The primary and secondary markets define how a security
Records of an international bank transfer. There are not many different ways to transfer money between banks. In most cases, the person who wants to
Man climbing a rope Independent risk describes the danger associated with investing in a specific instrument or investing in a specific division of a company.
The SOX audit will start with a meeting between the auditors and company management. Sarbanes-Oxley is legislation passed by the US Congress that requires publicly
The funds used to manage the day-to-day operations of a business are known as working capital. The old adage that you have to have money
Storage facility costs can sometimes be part of the overhead of a project. The different types of project overheads fall into many of the same