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Definition of Payroll Cycle
The period of service for which a company compensates its employees.
The annual period over which budgets are prepared.
Repetitive cycles of economic expansion and recession.
Fluctuations of GDP around its long-run trend, consisting of recession, trough, expansion, and peak.
The length of time between a firm's purchase of inventory and the receipt of cash
Period between firm’s payment for materials
In general, the time between cash disbursement and cash collection. In net working capital
The length of time between a purchase of materials and collection of accounts receivable generated by the sale of the products made from the materials.
The frequent, scheduled counting of a subset of all inventories,
the time between the placement of an order to
An expiration cycle relates to the dates on which options on a particular security expire. A
the accumulation of costs for activities that
An approach to costing that estimates and accumulates the costs of a product/service over
a ratio resulting from dividing the actual production time by total lead time;
The period between the 2 latest highs or lows of the S&P 500, showing net performance of a
The average time intervening between the acquisition of materials or services and the final
The amount paid to employees for services rendered; synonymous with salary expense and wage expense.
A journal used to record the payroll of a company.
A report on which is summarized the wage and deduction information
This calculation is used by states to determine the unemployment
Payroll tax expense
The amount of tax associated with salaries that an employer pays to governments (federal, state, and local).
Payroll taxes payable
The amount of payroll taxes owed to the various governments at the end of a period.
Political Business Cycle
A business cycle caused by policies undertaken to help a government be re-elected.
The time it takes to bring new and/or improved products to market.
product life cycle
a model depicting the stages through
Real Business Cycle Theory
Belief that business cycles arise from real shocks to the economy, such as technology advances and natural resource discoveries, and have little to do with monetary policy.
The frequency with which an asset is replaced by an equivalent asset.
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