business
What is timekeeping system?
A timekeeping system automates the process of the time recording at the workplace. It maintains a fair and accurate record of the regular time in and time...
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Business
business
What happens if you get audited?
The IRS will propose taxes and possibly penalties, and you’ll get a “90-day letter” (also known as a statutory notice of deficiency). You’ll have 90 days ...
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business
What do you mean by online auction?
An online auction is a service in which auction users or participants sell or bid for products or services via the Internet. Virtual auctions facilitate o...
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business
What are the permissions required for your product?
What are the permissions and licenses required to sell food products in India? Follow FSSAI Food Safety And Standards Authority License. Health/Trade Lice...
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business
Which is better to have accounts receivable or notes receivable Why?
Accounts receivable is an informal, short-term payment and usually no interest, whereas notes receivable is a legal contract, long-term payment, and usual...
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business
What is debtor Ageing?
Debtor ageing is a tool that small businesses can use to monitor the status of their accounts receivable. This tool takes the form of a report that groups...
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business
What are the advantages and disadvantages of tendering?
Because there is competitive selection of contractor and consultants there is accountability. There is equity in the tendering process for contractor bidd...
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business
Whats does obligation mean?
Term Obligation means a loan that is a closed-end extension of credit by the Originator to an Obligor which may be fully funded or partially funded at the...
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business
How are audit risks identified?
4 tips to identify audit client risks Don’t be afraid to ask questions. Know your client’s industry and their transaction cycles. Identify your client’s c...
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business
What is the treatment of advertisement suspense account?
advertisement suspense account written off treatment…during retirement of a partner. Advertisement Suspense Account is the part of accumulated losses, the...
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