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What is First Year Rate of Return?

The return generated by businesses, projects, and contracts in the first year of their working tenure is known as the first-year rate of return (FYRR). This term is expressed only when the company...

What is a House Account Accounting?

A house account is an account that a brokerage sets up to look after investments. It is also referred to as a brokerage account and is handled by a senior executive in the firm's main office. A...

What is Municipal Accounting?

What is Municipal Accounting? Municipal Accounting represents accounting services for municipalities created by a CPA or Certified Public Accountant with mastery in Municipal Accounting. Municipal...