Examlex
E-commerce,its applications,and its supporting technologies are an example of using Porter's value chain concept.
Permanent
In the context of accounting, refers to accounts that are not closed at the end of the accounting period, such as asset, liability, and equity accounts.
Temporary
Pertains to accounts or actions in accounting that are not expected to continue for an extended period, often associated with a single accounting period.
Retirement Fund
A pool of funds contributed to by individuals, employers, or both for the purpose of funding an employee's retirement.
Gross Pay
The gross income of an employee, which is the sum of all earnings before deductions or taxes are applied.
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