Unfunded Pension Plan.

An unfunded pension plan is a retirement plan in which benefits are paid directly from the pension fund’s assets, rather than from a separate trust fund. This type of plan is typically used by small businesses or by organizations that do not have the ability to fund a trust fund. What are the 3 types … Read more

What is the average payment period?

The average payment period is very easily defined. These are the days it takes a company to pay its suppliers. It is a task that must be taken into account in a company, since this ratio expressed in days is very important to know and control it from the financial sector of a company. The … Read more