Accounting Information System (AIS).

An accounting information system (AIS) is a system of collecting, storing, and processing financial and accounting data that is used by decision makers. An AIS is generally a computer-based system that is used to collect, store, manipulate, and report financial data. The accounting information system consists of three components: 1. The data collection component, which … Read more

Power Ratio.

The power ratio is a simple measure of a company’s market power. It is calculated by dividing the company’s market share by the market share of its closest competitor. The power ratio is a useful tool for assessing a company’s competitive position in its industry. A high power ratio indicates that the company has a … Read more

Breakaway Gap Definition.

A breakaway gap is a type of price gap that occurs during an uptrend, when the price of an asset suddenly jumps higher or lower than the previous day’s trading range. This type of gap signals a potential change in the asset’s trend and is often followed by increased levels of trading activity. What are … Read more


S. Civil Service Retirement Benefits: A Tax Guide. IRS Publication 721: A Guide To U.S. Civil Service Retirement Benefits. Do you have to pay income tax after age 75? Although the age at which you have to start paying income tax varies from country to country, in the United States, you are required to pay … Read more

What is the labor market?

The labor market or labor market is called the confrontation between supply and demand for employment in a given country or region. Supply and demand will depend on the employment needs required by both companies and citizens of a country. The malfunction of this supply is essential for the development of a country, which depends … Read more