If your business is destroyed by fire, you treat its basis as your loss. Basis consists of what you paid to buy and improve property. For instance, if you purchased land for $10,000 and a building ...

The seven internal control procedures are separation of duties, access controls, physical audits, standardized documentation, trial balances, periodic reconciliations, and approval authority.

Employees should take the cash from the customer and place it on the cash register while pulling change from the drawer. Count up from the cash owed using coins to reach an even dollar amount ...

How to Deal With Employee Insolence. Having an office populated by model, polite and dedicated employees is an employer's dream. Reality provides you with a variety of personalities and ...

Company Owned Vs. Franchised Chains. Companies seeking to expand may face the dilemma of whether to build their own units or turn to franchising. With the latter process, the company sells the ...

Laptop batteries can explode because of a normal-use process called thermal runaway, according to Gizmodo. Thermal runaway can lead to an explosion when there is a problem that's causing the ...

How Does Mission Influence Organizational Structure?. Ensuring that the organizational structure of your business supports your mission helps create effective organizational units that can ...

Let customers know how long they can expect to wait, and what you're doing to fix the problem. "Sorry for the delay -- our computers are down and we're processing everything by hand. I just ...

Select the Sticky Note tool from the Annotations panel. Click, or click and drag, on a PDF document page to create a note. Type your comments in the box created by the tool. You also have the ...

Market capitalization, also known as market cap, is simply the total value of a company's shares. Note here that the discussion is about the shares that sell among the public and not such things ...

How Is Emotional Appeal Used to Persuade?. The claim that emotions drive buying decisions while logic justifies buying decisions is hardly newsworthy. This approach to selling has been taught in ...

What Does Encumbered Mean in Accounting?. When a business draws up a budget, it sets a target for spending. The number represents a limit; if the company spends more, then it has gone over budget ...