Petty Cash
Sure, here is the meaning of the phrase “petty cash”: petty cash is a small amount of money that is used for small, everyday expenses, such as groceries, transportation, or entertainment. It is often kept in a small amount of change. Here is an example sentence: I need to get some petty cash for this […]
Optimal Capital Structure
The optimal capital structure is the capital structure that minimizes the firm’s weighted average cost of capital (WACC). Factors Affecting Optimal Capital Structure: Cost of debt: The cost of debt is the interest rate paid on debt. The lower the cost of debt, the more optimal the capital structure. Cost of equity: The cost of […]
Z Score
The z-score, also known as the standard score, is a standardized score that measures the distance of a data point from the mean in terms of the number of standard deviations from the mean. Here is the formula for calculating z-score: $$z = frac{x – mu}{sigma}$$ where:* z is the z-score* x is the data […]
Chip-And-Pin Card
Chip and Pin Cards Chip and pin cards, also known as EMV cards (Europay, Mastercard, and Visa), are a type of contactless smart card that incorporates microchips and PIN numbers for secure payments. Key Features: 1. Microchip:– Stores encrypted card data and generates dynamic security codes.- Protects against cloning and counterfeiting. 2. PIN Number:– Requires […]
Tide
The tide is a periodic rise and fall of ocean water caused by the gravitational pull of the Moon and Sun. This phenomenon is also called the tidal force. Causes of the Tide: Gravitational pull: The Moon and Sun exert a gravitational pull on the water on Earth. This pull causes the water to move […]
Occupancy Certificate
Occupancy Certificate An occupancy certificate is a document issued by a local authority to certify that a building or structure is safe and habitable for human occupancy. It typically includes the following information: 1. Building Information:– Address of the building- Building owner’s name- Number of floors- Total area of the building 2. Safety Features:– Fire […]
Cash Credit
Cash and credit are two main ways people pay for things. Cash: Pays for items with actual currency. No credit record impact. Easy to overspend since it’s not visible. Can be inconvenient to carry large amounts. Credit: Pays for items using a credit card or line of credit. Impacts credit score. Can provide benefits like […]
Logistics
Definition: Logistics is the management of flow and movement of people, products, and information. It encompasses a wide range of activities, including transportation, warehousing, inventory management, and order fulfillment. Key Functions: Planning: Defining the scope, objectives, and resources required for logistics operations. Execution: Implementing and managing transportation, warehousing, and other logistics services. Control: Monitoring and […]
Absenteeism
Definition: Absenteeism is the phenomenon of an employee’s absence from work due to various factors, including illness, personal leave, or other legitimate reasons. It is a common human resource management (HRM) issue that can have a significant impact on organizations. Causes of Absenteeism: Illness: Viral infections, chronic illnesses, and injuries can cause employees to absent […]
Focused Fund
A focused fund is an investment fund that invests in a relatively narrow range of investments compared with the broader market. Focused funds are often managed by managers who have expertise in a particular sector or industry, or who have a unique strategy for selecting investments. Characteristics of focused funds: Narrow investment universe: Focused funds […]
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