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A special cash fund used to make small payments that occur frequently is called a?
Wiki User
∙ 14y ago
petty cash
Wiki User
∙ 14y ago
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The accounting method that records transactions as they occur is called?
accrual
Why would one need a deferred tax liability?
Deferred tax liability is necessary when a company's balance sheets fail to reflect what they are claiming on their tax returns. This can occur, for example, in cases of deferred payments from customers.
What does the accounting term buy in payment mean?
Buy-in payments occur in a Cost Contribution Arrangement (i.e., a framework agreed by several enterprises to share the costs and risks of certain "activities", such as R&D, manufacturing, etcetera, as well as to determine the nature and extent of the interest of each CCA participant as the result of the activities) Buy-in payments are made by new 'participants' in an already existing CCA with the aim of obtaining an interest in any results of prior CCA activities.
When does a net loss happen?
When does a net loss occur
Prepaid expenses are eventually expected to?
Be expensed in the period that the in which they occur.
What is an annuity stream called where the payments occur forever is called?
It's called a "Perpetual attribution"
What is the name of the region in the central US where tornadoes frequently occur?
The region is commonly called Tornado Alley.
Where in the united states do tornadoes most frequently occur?
Tornado in the U.S. most frequently occur on the Great Plains.
When do auroras occur most frequently?
Auroras occur most frequently during the mostintense phase of the 11-year sunspot cycle.
Which type of tornado most frequently occurs?
supercell tornados occur most frequently
Why does rainfall not occur in deserts?
Rain does occur in deserts but not as frequently as in non-desert areas.
Does mitosis or meiosis occur more frequently in your body?
mitosis occurs more frequently then meiosis
How frequently does the earthquake occur?
one time a year
When do tornadoes occur most frequently?
when there is a severe thunderstorm
Do blizzards occur in Minnesota?
They occur almost as frequently here as any other place in the world.
What type of forests do conifers mostly grow in?
They are most common in what are called "Northern coniferous forests", but occur very frequently with mixed hardwoods, too.
Does colorblindness occur more frequently in men or woman?
Males.
