ASSET STRIPPING is buying a business and then realizing a profit by selling off the assets separately.
DIRECT WRITE-OFF METHOD is a method of accounting for bad debts that records the loss from an uncollectible account receivable at the time it is determined to be uncollectible; no attempt is made to estimate uncollectible accounts or bad debt expense.
GROUP is a number of individual companies assembled together; often having some unifying relationship.
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