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	contribution approach income statement contribution formula contribution margin contribution margin ratio contribution per unit contribution pricing contribution ratio contributory contributory negligence contributory plan control control account control activities control chart control cycle control environment controllability controllable costs controllable risk controllable variables controlled area controlled atmosphere packaging (CAP) controlled business controlled circulation controlled foreign corporation (CFC)