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Definition of responsibility report
a report that reflects the revenues and/or costs under the control of a particular unit manager
Yearly record of a publicly held company's financial condition. It includes a description of the
A section of an annual report containing the auditor's opinion about the veracity of the
The pool factor as reported by the bond buyer for a given amortization period.
The currency in which the parent firm prepares its own financial statements; that is, U.S.
The report required by the Stock Exchange for all listed companies, containing the companyâ€™s financial statements.
The Profit and Loss account, Balance Sheet and Cash Flow statement of a business.
A division or unit of an organization for which a manager is held responsible â€“ may be a cost centre, profit centre or investment centre.
Financial means having to do with
a process costing document that
the obligation to accomplish a task or achieve an objective
an accounting information system for successively higher-level managers about the performance of segments or subunits under the control
a cost object under the control of a manager
A report issued to a companyâ€™s shareholders, creditors, and regulatory
The time period for which transactions are compiled into a set of financial statements.
A portion of the financial statements that breaks out the results of
Illegal Immigration Reform and Immigrant Responsibility Act of 1996 (IIRIRA)
A federal Act shielding employers from liability if they have made
Personal Responsibility and Work Opportunity Reconciliation Act
A federal Act requiring the reporting of new hires into a national database.
Capitalized Cost An expenditure or accrual that is reported as an asset to be amortized against
Change in Reporting Entity
A change in the scope of the entities included in a set of, typically, consolidated financial statements.
Fraudulent Financial Reporting
Intentional misstatements or omissions of amounts or disclosures
A report listing every product whose bill of material calls for
This is a telephone interview of the person applying for life insurance conducted by someone from the underwriting department of the insurance company. Some insurance companies only sporadically contact applicants and some contact every applicant. On average the interview lasts between 15 to 30 minutes. The questions asked relate to personal habits (like smoking and alcohol consumption) and finances, including income and net worth, confirmation of employment, duties and the nature of the applicant's business. In addition, there are questions about driving, sports, aviation and currently held insurance. All information obtained is strictly confidential and is submitted solely to the underwriter for review.
A subcommittee of a company's board of directors assigned the responsibility
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