STEWARDSHIP Definition

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STEWARDSHIP is responsibility for taking good care of resources entrusted to one, e.g., boards of directors must show good stewardship towards the company for which they are a board member.

Learn new Accounting Terms

COST ACCOUNTING is a managerial accounting activity designed to help managers identify, measure, and control operating costs.

EQUITY SHARE CAPITAL is capital raised by an entity through the sale of common shares.

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