Wednesday, May 7, 2014

10 Sentences which have Business Term #Part 2



1.    Advocates promote absorption costing because fixed manufacturing costs provide future benefits.

2. An accounts receivable subsidiary ledger (customers' subsidiary ledger) includes a separate account for each customer who makes credit purchases.

3.   Average costs affect the supply curve and are a fundamental component of supply and demand.

4.  Company will deduct that calls in arrears from total called up capital for showing net paid up capital in balance sheet.

5.  In countries where the demand for home ownership is highest, strong domestic markets for mortgages have developed.

6.   Investors in a mutual fund pay the fund’s expenses, which reduce the fund's returns/performance.

7.   Licensing has been recognized as an independent branch of law.

8.  Monetary policy might instead entail the targeting of a specific exchange rate relative to some foreign currency or else relative to gold.

9.   Profitability is measured with income and expenses.

10. The holder of a futures position can close out its contract obligations by taking the opposite position on another futures contract on the same asset and settlement date.