Examlex
A static budget is an effective means to evaluate a manager's ability to control costs regardless of the actual activity level.
Capital Account Balances
The financial records that show the equity ownership and investment contributions of partners or shareholders in a business.
Book Value
The net value of a company's assets minus its liabilities and intangible assets, as shown in the financial statements.
Original Partners
The initial members who form a partnership by agreeing to share the responsibilities and profits of a business.
Information Tax Return
A type of tax document used to report various types of income, other than wages, salaries, and tips, to governmental tax agencies.
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