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It is ironic that the "saving grace" of community policing may yet turn out to be
Cash Basis
An accounting method where revenues and expenses are recorded when they are actually received or paid out, not when they are earned or incurred.
Time Basis
A method of compensation or work arrangement based on the amount of time spent on a job rather than the task's outcome.
Expenses Recorded
The process of documenting all costs incurred during a specific period in the financial records, which are used to assess the company's profitability.
Current Ratio
A financial ratio that measures the number of times the firm can cover its current liabilities with its current assets.
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