Business Vocabulary

#461

fiscal year

Example sentences

1. The company included the fiscal year in its new plan.
2. Everyone reviewed the fiscal year before making a decision.
3. The manager asked for more information about the fiscal year.

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#462

accounting period

Example sentences

1. The accounting period ends on the last day of the month.
2. The company records all costs during the accounting period.
3. The accountant prepared the report after the accounting period ended.

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#463

accrual accounting

Example sentences

1. The company reviewed how it handles accrual accounting.
2. The team received basic training on accrual accounting.
3. The manager discussed ways to improve accrual accounting.

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#464

cash accounting

Example sentences

1. The company changed its approach to cash accounting.
2. Clear steps made cash accounting easier for everyone.
3. The monthly meeting included a discussion about cash accounting.

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#465

revenue recognition

Example sentences

1. The company checks revenue recognition in its regular reports.
2. The team reviewed revenue recognition before preparing the budget.
3. Clear data helps the company understand revenue recognition.

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#466

matching principle

Example sentences

1. The company included the matching principle in its new plan.
2. Everyone reviewed the matching principle before making a decision.
3. The manager asked for more information about the matching principle.

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#467

asset

Example sentences

1. The finance team reviewed information about asset.
2. The latest report shows a change in asset.
3. The manager asked for more details about asset.

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#468

current asset

Example sentences

1. The company checks current asset in its regular reports.
2. The team reviewed current asset before preparing the budget.
3. Clear data helps the company understand current asset.

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#469

non-current asset

Example sentences

1. The company checks non-current asset in its regular reports.
2. The team reviewed non-current asset before preparing the budget.
3. Clear data helps the company understand non-current asset.

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#470

fixed asset

Example sentences

1. The monthly report includes data on fixed asset.
2. A change in fixed asset can affect the company's decisions.
3. The team compared current information about fixed asset with last year's data.

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#471

intangible asset

Example sentences

1. The monthly report includes data on intangible asset.
2. A change in intangible asset can affect the company's decisions.
3. The team compared current information about intangible asset with last year's data.

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#472

liability

Example sentences

1. The manager discussed problems related to liability.
2. The company made a plan to reduce the effect of liability.
3. The report explains how liability could affect the business.

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#473

current liability

Example sentences

1. The company took action after learning about current liability.
2. Clear rules can reduce problems connected with current liability.
3. The manager asked the team to report concerns about current liability.

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#474

long-term liability

Example sentences

1. Long-term liability may cause delays or extra costs.
2. The team discussed how to deal with long-term liability.
3. The monthly report included information about long-term liability.

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#475

owner's equity

Example sentences

1. The monthly report includes data on owner's equity.
2. A change in owner's equity can affect the company's decisions.
3. The team compared current information about owner's equity with last year's data.

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#476

shareholders' equity

Example sentences

1. The company checks shareholders' equity in its regular reports.
2. The team reviewed shareholders' equity before preparing the budget.
3. Clear data helps the company understand shareholders' equity.

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#477

accounts receivable

Example sentences

1. The company included the accounts receivable in its new plan.
2. Everyone reviewed the accounts receivable before making a decision.
3. The manager asked for more information about the accounts receivable.

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#478

accounts payable

Example sentences

1. The company included the accounts payable in its new plan.
2. Everyone reviewed the accounts payable before making a decision.
3. The manager asked for more information about the accounts payable.

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#479

inventory

Example sentences

1. The team checked the inventory carefully.
2. The company changed the inventory after receiving feedback.
3. The director approved the inventory yesterday.

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#480

prepaid expense

Example sentences

1. The company checks prepaid expense in its regular reports.
2. The team reviewed prepaid expense before preparing the budget.
3. Clear data helps the company understand prepaid expense.

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