ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
SAFETY STOCK Definition
SAFETY STOCK (SS) or security stock ensures that the item is available up to the pre-defined required service level, even when the re-ordered material arrives later then expected, or the fluctuations in demand during the lead-time cause the demand to be larger then expected. See also STOCK RESERVE.
Learn new Accounting Terms
TIMES FIXED CHARGES EARNED see COVERAGE OF FIXED CHARGES.
OBSERVE / OBSERVATION is to watch and test a client action, e.g., taking inventory.