Bookkeeping - Page 107 of 146 - Online Accounting

FTE or Full-time Equivalents

Jul 23, 2020 Bookkeeping by Adam Hill

An FTE is the hours worked by one employee on a full-time basis. The concept is used to convert the hours worked by several part-time employees into the hours worked by full-time employees. On an annual basis, an FTE is considered to be 2,080 hours, ...

What's the Difference Between Direct vs. Indirect Costs?

Jul 22, 2020 Bookkeeping by Adam Hill

Then, as it sells the items, it expenses $1 worth of the freight charge for each one sold. If it sold 85 of them, for example, it would expense $85 of the fright charge, reducing profit by $85. The remaining $15 of the charge remains locked up in inv...

Free cash flow

Jul 22, 2020 Bookkeeping by Adam Hill

Companies that experience surging FCF—due to revenue growth, efficiency improvements, cost reductions, share buybacks, dividend distributions, or debt elimination—can reward investors tomorrow. That is why many in the investment community cherish FCF...

Fraud

Jul 22, 2020 Bookkeeping by Adam Hill

(TCO 5) The three main components of the fraud triangle are (Points : 3) rationalization, opportunity, and greed. opportunity, motive, and lack of ethics. motive, opportunity, and rationalization....

Accounting and Reporting Requirements Foreign Currency Transactions

Jul 22, 2020 Bookkeeping by Adam Hill

The current rate method is a method of foreign currency translation where most items in the financial statements are translated at the current exchange rate. When a company has operations in other countries, it may need to exchange the foreign curren...