Jennifer Archive
Open ended management company can be defined as a company that issues and redeemed its securities that are issued on the behalf of this company. The most common type of example of an open ended management company is a mutual fund company that issues
An open ended investment company is an investment company or in other words it’s an investment fund that openly invests in other companies. The ability of the open ended investment company is that it can invest in different companies with different modes and methods
Take under is a process of acquiring or, under taking and purchasing a public company at a price per share that is less than the current market price of the shares of the target company. Take under is a process that takes place when
Tandem loans can be defined as a process of taking two loans on a single asset. The asset is usually a house and the second loan is added as an offset loan to the primary loan. Tandem loans are not only taken at individual
Takeover Bid is an action that can be defined as the process of taking over a company by another company or a business entity. In this process the acquiring company encourages the shareholders of the target company to sell the share of the target
Direct labor idle time variance can be defined as the cost of the standby time of the labor when production has come to halt due a number of technical and other reasons. The reasons including the halt of production time include lack of orders
Sales price variance can be defined as the measure of the change or alteration in the sales price revenue or profit that results due to the change or the variance that occurs between the actual sales price and the anticipated sales price. The formula
Direct Material Price variance can be defined as the difference between the actual price of the materials used for the production purposes and the standard cost of the materials that are purchased for the production. The formula of direct material price variance can be
Direct labor efficiency variance is the measure of the efficiency of the direct labor that is applied to any project within a business company. It can be defined as the measure of the difference the standard cost of the direct labor hours that are
Sales quantity variance is somewhat similar to the sales volume variance and it is the measure of the change in the contribution margin or the profit per unit volume of the sales that results due to the change in the number of actual sales
Direct material usage variance is the measurement of degree of change in the usage of material in a current accounting period for a desired level output. It can be defined as the difference between the actual material used and the standardize consumption of the
Sales volume variance is the difference between the actual sales and the projected sales that results in the contribution profit of a business entity. There may be a number of reasons of difference between the actual and the budgeted sales that can be explained
Variance analysis is a process of measuring and analyzing the difference between the two figures. Variance analysis can be defined as a statistical or accounting tool that is used in order to identify the causes of variance in financial and the operational data of
The word variance is actually derived from the word variety that in terms of statistics means the difference among various scores and readings. Variance can be termed as the basic or the raw material of the statistical analysis. Variance ensures accuracy as more variance
Offset Mortgage as the name indicates is the type of the mortgage that has an additional offset attached to it. In order to explain offset mortgage we can say that it is a traditional mortgage along with one or more deposited accounts attached with
Offensive competitive strategy is a corporate strategy where the company or the business entity tends to pursue the changes in the market in a vigorous and active manner. The major objective behind this strategy is to adopt the changes in the market in a
Over leveraged is an accounting term and in actual it is a financial condition of a business entity or a company where the business is carrying too much debt over it. The amount of debt on the business is intense that the business is
Other Current Assets as the name indicates are the current assets of the business but are different from ordinary current assets such as cash, securities and binds, accounts receivables, inventory in hand of the business and the prepaid assets. All these assets are the