Sharai 
An accounting convention is a standard way of recording and reporting financial information. The main types of accounting conventions are generally accepted accounting principles (GAAP), international financial reporting standards (IFRS), and industry-specific standards. What are the 14 concepts of accounting? 1. Accounting is the process of recording, classifying, and summarizing financial transactions to provide information … Read more
The Risk-Based Capital Requirement is a regulation imposed by the US government on banks and other financial institutions in order to protect depositors and the banking system as a whole. This regulation requires banks to maintain a certain level of capital in relation to their assets, with the goal being to ensure that banks have … Read more
Safety stock is a term used in logistics to analyze a level of additional actions that are carried out to reduce the risk of stockouts. given the possible uncertainties in supply and demand. One possible reason for this shortage may be the shortage of packaging, products or raw materials. Adequate levels of security allow companies … Read more
