Expense associated with a firm's inability to collect accounts receivable, classified usually as an administrative or selling expense. Also called noncollectable accounts expense.
Bookkeeping: Difference between the debit and credit sides of an account.
A selfish marketing strategy used to allure consumers into purchasing products or services by offering one product but then changing to a more high-end product once the consumer agrees to make a purchase.
Negative experiences as a result of investors and shareholders finding out about something a company has done which is not considered a good business practice. Badwill is not calculated in dollar amounts, but it can and usually will result in decreased revenues, loss of investors, customers or ...
The real and perceived costs of the inability to fulfill an order. The costs can include negative customer relations, interest expenses, etc. The costs are typically represented in financial reports on a per-unit basis.
Value of unfulfilled orders, or the number of unprocessed jobs, on a given day. While a backlog indicates the workload that is beyond the production capacity of a department or firm, it also serves as a pointer toward the firm's future sales revenue and earnings. Also called open order.
Non revenue-generating load carried by a vehicle during backhaul.
Method of costing a product that works backwards: standard costs are allocated to finished products on the basis of the output of a repetitive manufacturing process. Used where inventory is kept at minimum (as in 'just in time' operations) this method obviates the need for detailed cost tracking ...
