OFFER PRICE Definition

Bookmark and Share

OFFER PRICE see ASK PRICE.

Learn new Accounting Terms

BUSINESS ENTITY PRINCIPLE is where the business is seen as an entity separate from its owner(s) that keeps and presents financial records and prepares the final accounts and financial statements. The accounting is kept for each entity as a whole (groups of companies must present consolidated accounts and consolidated financial statements).

SIGNIFICANT DEFICIENCY, in finance, is an internal control shortcoming in a highly important control area or an aggregation of such deficiencies that could result in a misstatement of the financial statements that is more than inconsequential.

Suggest a Term

Enter Search Term

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