Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
Main Page: credit, financial, inventory, financial advisor, money, business, investment, finance,
Also see related: homebuying, buy home, home financing, homes, first time homebuyer, home insurance, credit, mortgage, property,
Definition of External efficiency
Related: pricing efficiency.
Also called external efficiency, a market characteristic where prices at all times fully
Reflects the relative amount of wealth wasted in making transactions. An efficient
Reflects the amount of wasted energy.
a measure of the degree to which tasks were performed
The ability to produce the things most wanted at the least cost.
Wage that maximizes profits.
Finance that is not generated by the firm: new borrowing or a stock issue.
Corporate financial statements that have been reported on by an external independent accountant.
Also referred to as the international market, the offshore market, or, more popularly, the
The speed and accuracy with which prices reflect new information.
the number of hours actually worked minus the standard hours allowed for the production
The difference between the amount of time that was budgeted
a ratio resulting from dividing the actual production time by total lead time;
The degree to which the prices of assets reflect the available marketplace
overhead efficiency variance
the difference between total budgeted overhead at actual hours and total budgeted
Semi-strong form efficiency
A form of pricing efficiency where the price of the security fully reflects all
Market prices reflect all publicly available information.
Pricing efficiency, where the price of a, security reflects all information, whether or
Market prices rapidly reflect all information that could in principle be used to determine true value.
variable overhead efficiency variance
the difference between budgeted variable overhead based on actual input activity and variable overhead applied to production
Weak form efficiency
A form of pricing efficiency where the price of the security reflects the past price and
Market prices rapidly reflect all information contained in the history of past prices.
Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.