Recent content by alexmetro

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    What is accumulated benefit obligation in accounting?

    ABO is basically the present value of pension benefits employees have earned so far, calculated using current salaries; I remember thinking of it as the “earned to date” amount. PBO is a bit higher because it also factors in expected future salary increases.
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    What is a grantor trust?

    Grantor trust A grantor trust is a trust in which the individual who establishes the trust retains the assets and pays taxes on the income of the trust that can simplify and be more flexible in estate planning. Generally, it is sensible to establish one in case you have holdings and wish to...
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    What is smurfing?

    Yep, it is one of those terms, which has various meanings depending on the context –in finance smurfing is about dividing large illegal trades into small to go undetected, whereas in the gaming industry it is when good players join new accounts into matches with beginners.
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    What are Chartered accountants benefits?

    Frankly speaking, CA provides you with great career development, good income and respect besides you have the opportunity to work all over the world in audit, tax, finance, or even to start your own practice. It is not easy, but when it gets in, doors actually open
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    What is a portfolio budget statement?

    A portfolio budget statement is simply a picture of the budgetary allocation and expenditure of money in various projects or investments. It enables you to see what you are spending, manage your spending and make more intelligent financial choices without any unexpected results.
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    What information is available on fintechzoom.com markets?

    FintechZoom.com Markets is a place where people can get information on stocks, crypto, forex, commodities, and global indices. It also enables users to know what is occurring in world markets in understandable and easy explanations, trends and real time insights, which is ideal in keeping...
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