Fachleute im Finanz- und Rechnungswesen BP flashcards
Fachleute im Finanz- und Rechnungswesen BP · Build recall with a focused review session.
25 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Accrual
- Recognition according to the relevant economic event and period, distinguished from treating every bank movement as current revenue or expense.
- Receivable
- An amount claimed from another party that differs from cash already received and may need supported evaluation of recoverability.
- Carrying value
- The recorded amount of an asset after relevant depreciation or other adjustments under the stated applicable measurement basis.
- Reconciliation
- A documented comparison of related records that investigates differences in transactions, timing, units, classification or mapping rather than hiding them.
- Depreciation
- Allocation of a depreciable amount under a specified method and assumptions; the charge does not necessarily coincide with a new cash payment.
- Tax-exclusive base
- The amount before the supplied tax is added, distinct from a gross price that already includes the tax component.
- Input-tax eligibility
- The supported conditions under which tax on purchases may be deducted; invoice presentation alone does not establish an unrestricted entitlement.
- Tax credit
- A reduction at the tax stage under specified conditions, distinguished from a deduction that first reduces a taxable base.
- Tax reconciliation
- The explanation of relevant differences between accounting results, tax calculation and actual payments for the correct entity and period.
- Effective date
- The point at which a rule applies under its actual commencement and transition provisions, which need not equal announcement or publication.
- Legal entity
- The person or organization whose rights and obligations are involved; a company and its manager are not automatically the same actor.
- Representation
- Acting for another party within an applicable authority basis; the actual transaction and relevant conditions need assessment rather than a job title alone.
- Contract evidence
- Documents and communications relevant to what was agreed, performed or paid, with each item interpreted according to its actual content.
- Draft
- A proposed document state that must not automatically be treated as the final agreed and effective version merely because it was saved later.
- Separate perspectives
- The distinction between a company, its owners and other group entities when assessing transactions, rights, obligations and accounting records.
- Contribution
- Revenue less the defined variable costs in the model, before fixed costs and any other separately stated items are covered.
- Relevant cost
- A future difference between decision alternatives, distinguished from an unchanged past cost or an allocation that is not actually avoidable.
- Bottleneck contribution
- Contribution measured per unit of a limiting resource, used within stated capacity and other feasibility constraints rather than per product alone.
- Break-even model
- A calculation of the activity needed to cover defined costs under explicit price, behaviour and relevant-range assumptions rather than a universal forecast.
- Variance
- A difference between an appropriate plan or standard and actual results that needs causal analysis rather than automatic praise or blame.
- Gross compensation
- The stated compensation before relevant employee deductions, which is neither necessarily net payment nor the employer's complete cost.
- Employee deduction
- An amount withheld from gross pay under the applicable basis, requiring distinction from a separate contribution borne by the employer.
- Employer contribution
- The employer's own relevant cost or obligation under the applicable arrangement, distinct from merely passing on amounts withheld from employees.
- Payroll settlement
- Payment and allocation against recorded salary or contribution obligations, which should not duplicate an expense already recognized in the records.
- Coverage assessment
- Identification of the applicable social-insurance situation using actual employment and personal facts rather than copying another employee's template without review.