ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
LUMP-SUM Definition
LUMP-SUM is an agreed upon sum of money, which is paid in full settlement all at one time.
Learn new Accounting Terms
OPERATING RATIO measures a firms operating efficiency; calculated: company operating expenses divided by its operating revenues.
DECISION THEORY is a body of knowledge and related analytical techniques of different degrees of formality designed to help a decision maker choose among a set of alternatives in light of their possible consequences.
