CONSTRUCTIVE FRAUD Definition

Bookmark and Share

CONSTRUCTIVE FRAUD is an act, statement, or omission which operates as a fraud, although perhaps it was not intended to be such.

Learn new Accounting Terms

NON-OPERATING ASSETS is assets not necessary to ongoing operations of the business enterprise.

EFFECTIVE TAX RATE is the net rate a taxpayer pays on income that includes all forms of taxes. It is calculated by dividing the total tax paid by taxable income.

Suggest a Term

Enter Search Term

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