MEDIUM TERM ASSETS, usually, are those assets that are expected of having a useful life of between six months and two years of the present.
CASH SETTLEMENT, in short-term securities, is payment and delivery made on the same day as the trade date.
ACTIVITY BASED MANAGEMENT (ABM) converts Activity Based Costing (ABC) into a system to manage an organization. Activity Based Management not only focuses on product, service, customer, channel costing, it also emphasizes: cost drivers (root cause analysis), action plans to improve to achieve strategic objectives, and, performance measures for activities and processes.
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