Examlex
With the advent of adjustable rate mortgages, amortization schedules are adjusted periodically as dictated by the terms of the loan agreement. A _____________file is used to indicate when to adjust the rate. Most computer software systems can adjust amortization schedules by reminding the company of change dates, accept current rate adjustments, and to produce new schedules.
Systems Analysis
The process of studying and analyzing a system to identify its goals and purposes and to create systems and procedures that will achieve them in an efficient way.
Legal Organization
The way a business is structured legally, such as a corporation, partnership, or sole proprietorship, affecting liability and tax treatment.
User Needs
User needs refer to the requirements and preferences of the end-users that a product, service, or system aims to fulfill.
Specialized Journals
Accounting books or ledgers used to record and track transactions of a similar type, such as sales or purchases, for efficient processing.
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