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CEE is the acronym used for the London Center for the Economics of Education. It's also a French acronym for Communaute economique europeenne, or the European Economic Community.

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Why financial accounting defer with other disciplines?

Financial Accounting just deals with the recording, analysing and classification of financial statements. Whereby other disciplines related to Financial accounting deal with the information "recieved" from Financial Accounting. For example : Management Accounting deals with making decisions for the company's growth and stability, on the contrary Financial accounting provides the data to management accounting for its decision making process.


What does take a default mean?

Sports- lose by not playing Accounting term- behind on payments on a loan


What is' key factor' in management accounting?

A key factor in accounting is another term which is commonly used for limiting factor. This is a class of materials, finance or production facilities, or labor that is no longer available and cannot be increased within the realm of accounting within the company.


How to properly record investments in accounting?

To properly record investments in accounting, you should classify them as either short-term or long-term investments based on how long you plan to hold them. Short-term investments are recorded at their current market value on the balance sheet, while long-term investments are recorded at their historical cost. Any changes in the value of investments should be reflected in the financial statements.


What is the difference between long-term and short-term investments?

From an accounting perspective, short-term investments have a life cycle of less than 12 months; long term investments have a life cycle of 12 months or longer.