distinct business entity

Definitions

1. Accounting: An accounting principle on which a business enterprise is regarded as a separate entity from the owner. Therefore, the entity must keep its own records separate from the transactions of the owners. See also accounting entity.

2. Finance: A distinguishable component of an enterprise that is independent from the rest of the company. A distinct business entity will either have separate geographic segment, different product line or a distinct service. Because of its autonomy, a distinct business unit has more flexibility in decision making. See also business segment.

单词	distinct business entity
释义	distinct business entity Definitions 1. Accounting: An accounting principle on which a business enterprise is regarded as a separate entity from the owner. Therefore, the entity must keep its own records separate from the transactions of the owners. See also accounting entity. 2. Finance: A distinguishable component of an enterprise that is independent from the rest of the company. A distinct business entity will either have separate geographic segment, different product line or a distinct service. Because of its autonomy, a distinct business unit has more flexibility in decision making. See also business segment.
随便看	elevation elevator collision coverage elevator pitch eligibility date eligibility period eligibility requirement eligible commercial entity eligible contract participant eligible dependent eligible employee eligible expenses eligible margin eligible offer eligible person eligible reserves eligible rollover distribution eligible termination payment elimination period elision Elliott wave principle ellipsis Ellwood tables elm street economy El Niño elongation