BOOKKEEPING 2 Definition

Bookmark and Share

BOOKKEEPING is the art, practice, or labor involved in the systematic recording of the transactions affecting a business.

Learn new Accounting Terms

VARIABLE EXPENSES are those business expenses that usually fluctuate dependent upon production or sales volume. Contrast with FIXED EXPENSES.

RAR, dependent upon context, is Resource Allocation Request, Revenue Agent Report (US IRS), Remedial Action Report, Report of Actual Reimbursements or Refill Authorization Request.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.