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Yes, depreciation is considered an operating expense. It represents the allocation of the cost of a fixed asset over its useful life and...

Corporate accounting is the process of recording, analyzing, and reporting a company's financial transactions to ensure accurate...

Financial forecasting is the process of estimating a company's future financial performance based on historical data, market trends, and...

Assets not included in a personal property inventory typically include real estate (such as land and buildings), intangible assets (like...

Real estate taxes and property taxes are often used interchangeably, but they typically mean the same thing. Both refer to taxes...

Washington, D.C. is a great place for accountants due to its strong job market, especially in government, nonprofit, and consulting...

A stipend is a fixed, regular payment given to individuals, often as financial support rather than as wages. It is commonly provided to...

PCI compliance refers to following the Payment Card Industry Data Security Standard (PCI DSS), which is a set of security rules designed...