|employee time sheet|
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Definition of employee time sheet
employee time sheet
a source document that indicates, for each employee, what jobs were worked on during the day and for what amount of time
Also called the statement of financial condition, it is a summary of the assets, liabilities, and
A “snapshot” statement that freezes a company on a particular day, like the last day of the year, and shows the balances in its asset, liability, and stockholders’ equity accounts. It’s governed by the formula:
A financial statement showing the financial position of a business – its assets, liabilities and
One of the basic financial statements; it lists the assets, liabilities, and equity accounts of the company. The Balance sheet is prepared using the balances at the end of a specific day.
A term often used instead of the more formal and correct
A report that summarizes all assets, liabilities, and equity for a company
Financial statement that shows the value of the
A financial report showing the status of a company's assets, liabilities, and owners' equity on a given date.
Total Assets = Total Liabilities + Total Stockholders' Equity
Related: Premium payback period.
Line depicting the operating activities and cash flows for a firm over a particular period.
Balance sheet that presents items as a percentage of total assets.
the time between the placement of an order to
A person who renders services to another entity in exchange for compensation.
Employee Retirement Income Security Act of 1974 (ERISA)
A federal Act that sets minimum operational and funding standards for employee benefit
Employee stock fund
A firm-sponsored program that enables employees to purchase shares of the firm's
Employee stock ownership plan (ESOP)
A company contributes to a trust fund that buys stock on behalf of
Employee Stock Ownership Plan (ESOP)
a profit-sharing compensation program in which investments are made in
Employee Stock Ownership Plan (ESOP)
A fund containing company stock and owned by employees, paid for by ongoing contributions by the employer.
the amount of time spent in storing inventory or
the time taken to perform quality control activities
job order cost sheet
a source document that provides virtually
Just-in-time inventory systems
Systems that schedule materials/inventory to arrive exactly as they are
a philosophy about when to do something;
A cluster of manufacturing, design, and delivery practices designed to
The term for several manufacturing innovations that
just-in-time manufacturing system
a production system that attempts to acquire components and produce inventory only as needed, to minimize product defects, and to
a system that maps the skill sets employees
see cycle time
an employee who is directly responsible for
A money manager who assumes he or she can forecast when the stock market will go up and down.
market-value balance sheet
Financial statement that uses the market value of all assets and liabilities.
Financing that is not shown as a liability in a company's balance sheet.
A pay premium of 50 percent of the regular rate of pay that is earned
the actual time consumed performing the
A real time stock or bond quote is one that states a security's most recent offer to sell or bid (buy).
Savings Incentive Match Plan for Employees (SIMPLE)
An IRA set up by an employer with no other retirement plan and employing fewer than 100 employees,
the actual time consumed performing the functions
A computer program that organizes numerical data into rows and columns on a terminal screen,
an employee responsible for providing advice,
A list of the major points of the proposed financing being offered by an investor.
A device used to stamp an employee’s incoming or outgoing time
Interest-bearing deposit at a savings institution that has a specific maturity.
See term deposit.
Demand for payment at a stated future date.
Also called time value, the amount by which the option price exceeds its intrinsic value. The
Time to maturity
The time remaining until a financial contract expires. Also called time until expiration.
Time until expiration
The time remaining until a financial contract expires. Also called time to maturity.
Time value of an option
The portion of an option's premium that is based on the amount of time remaining
Time value of money
The idea that a dollar today is worth more than a dollar in the future, because the dollar
Time-weighted rate of return
Related: Geometric mean return.
A document or electronic record on which an employee records his or
representation of the amounts and timing of all
times interest earned
A ratio that tests the ability of a business to make
Earnings before interest and tax, divided by interest payments.
Times Interest Earned Ratio
A measure of how well a company is able to meet its interest
the time consumed by moving products or
time available or needed to effect a turnaround.
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