Premium paid in acquiring a firm for a price more than its book value.
Procedure adopted in preparation of the consolidated financial statement of an acquiring and the acquired firm
Non-bank service firm which handles credit card transactions of the customers (merchants) of an acquiring bank.
Bank which processes a merchant's credit card sales, and credits them to the merchant's account.
Key measure of a firm's liquidity, it answers the question "Can this firm meet its current obligations from its liquid assets if suddenly all sales stop?
Most stringent test of the reliability. So called because since ancient times acid is applied to assess the purity of a piece of gold (pure gold is unaffected by dilute acids).
An audit of a company's systems to determine if the conclusions are accurate. This can pertain to bookkeeping systems or billing coding such as that used by medical facilities. An accuracy audit of medical billing would exam invoices to determine if charges are correctly coded in compliance with ...
Freedom from error (correctness), or closeness to truth or fact, resulting from exercise of painstaking care or due diligence. Accuracy depends on how the data is collected, and is usually judged by comparing several measurements from the same or different sources.
