How long can accounts receivable be outstanding?

How Long Can Accounts Receivables Remain Outstanding? In an effort to nurture long-term loyalty, companies may offer customers the flexibility of paying for goods or services long after they are purchased and consumed. The sum of money owed is known as accounts receivable. Although payment timetables vary on a case-by-case basis, accounts receivables are typically…

Top 20 photos of people who have spent their money very badly

We may make tops that explain how to save money, there are still people to do anything with their money. And again, we’re not even talking about buying cigarettes or tap lessons, but about paying for things that are way too expensive compared to what they’re really worth. Here are some examples that are sure…

Introduction to Chartered Financial Consultant (ChFC)

What Is a Chartered Financial Consultant (ChFC)? A Chartered Financial Consultant is a professional designation representing the completion of a comprehensive course consisting of financial educationexaminations, and practical experience. Chartered Financial Consultant designations are granted by the American College upon completion of seven required courses and two elective courses. Those who earn the designation are…

Why Lobbying Is Legal and Important in the U.S.

In 2019 alone, lobbyists spend $3.47 billion on influencing political policy, representing the highest sum spend on lobbying since lobbying spend peaked in 2010. Congressional changes are providing increased opportunities for lobby groups to use political influence as a means to create productive legislation, and with an increase in lobby dollars being spent it is…

Meaning & How Companies Get Around Them

What Are Exchange Controls? Exchange controls are government-imposed limitations on the purchase and/or sale of currencies. These controls allow countries to better stabilize their economies by limiting in-flows and out-flows of currency, which can create exchange rate volatility. Not every nation may employ the measures, at least legitimately; the 14th article of the International Monetary Fund’s…