Vivienne Reconciliation in Accounts: Definition, Purpose, and Types What is the reconciliation act? The reconciliation act is an act that is designed to reconcile the differences between the two sets of books that are maintained by a business. This act is usually performed at the end of the fiscal year. What are the various types of … Read more
. Short-Term Investments: What They Are and How They Work. Which is better long term or short term investment? There is no easy answer when it comes to deciding whether long-term or short-term investment is better. Both have their own advantages and disadvantages that need to be considered before making a decision. Short-term investment generally … Read more
A conglomerate is a large, multi-industry company. The term conglomerate is used to describe a company that is made up of a number of different, unrelated businesses. The businesses within a conglomerate can be in different industries and are usually located in different parts of the world. The term conglomerate is often used to describe … Read more
When a commodity is traded on a futures exchange, the price that is quoted is the cash price. The cash price is the price at which the commodity is currently trading in the spot market. The cash price is used as the basis for the futures price, which is the price at which the commodity … Read more
