Encyclopedia.com

The acronyms LIFO (last in, first out) and FIFO (first in, first out) are inventory management terms that help companies to keep track of inventory costs and profit generated. Most companies calculate both and...

If you're renting the place where you currently live, it's likely you have signed some type of lease agreement that allows you to live on the premises for a specified time frame. When the...

There was a time when tenants in some states were hardwired to their lease agreements, meaning that they were not expected to vacate the dwelling unless they paid the full balance due at the...

Investing a portion of your total portfolio into silver is a way to diversify and store wealth. If you come across a piece of silver and you want to verify that it is authentic,...

In this day and age, many transactions are conducted digitally with bank or credit cards. However, there may come a time when you need to write a check for a transaction. These steps will...

Business owners and self-employed professionals who pay other companies or individuals for their services are expected to issue an Internal Revenue Service Form 1099-MISC before the deadline of the tax filing season. This form...

A market survey is done to gain information for an upcoming marketing plan, or to get feedback on some aspect of the company's operations. A good market survey is set up to collect data...

Operating cash flow is a corporate accounting process that helps to give a clearer picture of a company's true cash position. There are certain elements of the corporate ledger that are not allowed to...

When you learn that someone owns a Swiss bank account, your first thought may be that they're a rich tycoon who is using that account to hide away their millions. While the factor of...

There is an old saying which reminds us that we can't take it with us. The saying is referring to financial wealth here on Earth, and it is very accurate. But when you do...