Examlex
A typical cost ratio is calculated by dividing the total dollar purchase from that supplier by the sum of the cost and the total dollar purchase.
Adjusted Balance
The result of adjusting the balance of an account to reflect any debits or credits that have been posted to the account.
Reconciling Information
The process of ensuring that two sets of records or accounts are in agreement, often involving identifying and explaining any discrepancies.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure consistency.
Cash Balance Per Books
The amount of cash according to a company's financial records or accounting books.
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Q51: Supply base reduction is achieved through increasing