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What is the use of busy software?

Busy Software is application software that records and processes business accounting transactions within functional modules such as Financial Accounting (...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How does political and legal factors affect a business?

Political factors can impact a business by making the market environment more or less friendly for that business. Typically, governments have a great deal...

How do hospitals buy equipment?

Hospitals and other medical facilities can purchase supplies through a group purchasing organization or negotiate directly with distributors or wholesaler...

What is the origin of the phrase in a pickle?

The phrase could come from an evolution of the “drunk” sense, but that seems like a stretch. So many turn to a Dutch phrase, “in de pekel zitten,” for the...

What is laminated label tape?

Laminated tape – TZe Series Tapes: Laminated tape sticks to virtually any surface and is durable enough to withstand scrapes and abrasions. Because it’s w...

Whats the difference between secured and unsecured bonds?

There are two types of bonds – secured and unsecured. A secured bond means that you actually pay money or bail property to secure your release. An unsecur...

Who is the contributor of Fibonacci sequence?

mathematician Leonardo of Pisa The mathematician Leonardo of Pisa, better known as Fibonacci, had a significant impact on mathematics. His contributions t...

What is reverse acquisition accounting?

• A reverse acquisition occurs when the entity that issues securities (the legal acquirer) is identified as the acquiree for accounting. • The entity whos...

What are the four stages of social responsibility?

Understanding the Four Levels of CSR Carroll’s pyramid suggests that corporate has to fulfil responsibility at four levels – Economic, Legal, Ethical and ...

Does EBIT go on balance sheet?

EBIT is helpful in analyzing companies that are in capital-intensive industries, meaning the companies have a significant amount of fixed assets on their ...