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Definition of Estate Planning
An insurance program designed to provide funds for insured's dependents upon death of the insured, and to also conserve, as much as possible, the personal assets that the insured wants to bequeath to heirs.
One insurance policy that covers two lives, and generally provides for payment at the time of the first insured's death. It could also be structured to pay on second death basis for estate planning purposes.
A budgeting process using summary-level information to
Financial planning conducted by a firm that encompasses preparation of both
a packaged software program that allows a company to
A computer system used to manage all company
The process of evaluating the investing and financing options available to a firm. It
Arrangement used to finance inventory. A finance company buys the inventory, which is then
This means dying without a will, in which case the provincial laws of the province in which the death occurred apply to the manner in which assets will be distributed. In other words, if you don't write your own will, the government will do it for you after your death and it may not be as you would have wished.
An integrated, computerized system for planning
a fully integrated materials requirement planning system that involves
An expansion of the material requirements planning concept, with additional computer-based capabilities in the areas of
A computerized system used to calculate material
A computer-driven production methodology
Computer-based systems that plan backward from the production schedule
a computerbased information system that simulates the ordering and
the process of creating the goals and objectives for
The length of time a model projects into the future.
Time horizon for a financial plan.
Planning, programming and budgeting system (PPBS)
A method of budgeting in which budgets are allocated to projects or programmes rather than to responsibility centres.
REIT (real estate investment trust)
Real estate investment trust, which is similar to a closed-end mutual
REMIC (real estate mortgage investment conduit)
A pass-through tax entity that can hold mortgages
Restatement of Prior-Year Financial Statements
A recasting of prior-year financial statements to remove the effects of an error or other adjustment and report them on a new basis.
the process of developing a statement of
the process of determining the specific
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