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Accounting. An accounting information system (AIS) is a system of collecting, storing and processing financial and accounting data that are used by decision makers. An accounting information system is generally a computer-based method for tracking accounting activity in conjunction with information technology resources.
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Bangladesh, [a] officially the People's Republic of Bangladesh, [b] is a country in South Asia.It is the eighth-most populous country in the world and among the most densely populated with a population of 170 million in an area of 148,460 square kilometres (57,320 sq mi).
Factoring (finance) Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. [ 1 ][ 2 ][ 3 ] A business will sometimes factor its receivable assets to meet its present and immediate cash needs. [ 4 ][ 5 ] Forfaiting is a ...
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Engineering economics, previously known as engineering economy, is a subset of economics concerned with the use and "...application of economic principles" [1] in the analysis of engineering decisions. [2] As a discipline, it is focused on the branch of economics known as microeconomics in that it studies the behavior of individuals and firms ...
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The European Union value-added tax (or EU VAT) is a value added tax on goods and services within the European Union (EU). The EU's institutions do not collect the tax, but EU member states are each required to adopt in national legislation a value added tax that complies with the EU VAT code. Different rates of VAT apply in different EU member ...
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