Finance

Accepting risk, or risk acceptance is a concept in which a person or organization identifies risk and makes it appropriate, making no attempt to minimize…

A deposit certificate (CD) is a time deposit; it refers to a financial product offered by financial institutions such as banks and credit unions, which…

A demand deposit (or non-confidential money) is a bank account that allows the depositor to withdraw funds without warning to the bank on request. In…

Demand deposits or non-confidential funds consist of funds kept in a bank account from which deposited funds, such as checking accounts, can be withdrawn at…

A demand draft is a method used by a person to make a transfer payment from one bank account to another, also known as a…

Detection risk (DR) is simply the risk that material errors in the financial statements will not be identified by the procedures applied by the auditors.…

Audit risk is the risk of an inappropriate audit opinion on financial statements being expressed by the auditors. Auditors are at risk of offering an…

The advertising-to-sales ratio, also known as the “A to S,” is a measure of the performance of the advertising campaign of a company. The advertisement…

Free cash flow (FCF), also known as a free cash flow to firm (FCFF), reflects the cash created by a company to finance operations and…

The price-to-cash flow ratio (also known as the price/cash flow ratio or P/CF) is an indicator of stock valuation or a multiple that calculates the…

The cash flow to debt ratio is a coverage ratio which compares the cash flow generated by a company to its total debt. Simply stated,…

Excess cash flow is a concept used in lending agreements or indentures of bonds which applies to the part of a company’s cash flows that…