Bookmark and Share

INCOME GEARING RATIO is Interest Expense / Operating Profit.

Learn new Accounting Terms

COST-TO-COST METHOD, in construction contracts, is an estimate of completion in which the state of completion is the ratio of costs incurred as of a given date divided by the estimated total project cost. See also PERCENTAGE OF COMPLETION METHOD OF ACCOUNTING.

JOB SPECIFICATION is the delineation of the knowledge, skills, and abilities along with the associated education, training, and experience required to successfully perform within a position. The stipulated criteria normally constitutes the minimum recruiting criteria or minimum qualifications for the position

Suggest a Term

Enter Search Term

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