Latest “What is Double Counting? (with pictures)”

Double counts are errors in a company’s financial reporting. This occurs when an accountant or other clerk enters information into the ledger twice. Double counting problems typically occur when counting inventory, entering an invoice twice, adding a number twice, or similar operations. The theory of value deals with these accounting errors, which means that most …

Read more

Latest “What are the Different Types of Affinity Programs?”

Affinity Programs are promotions targeted at groups of people with common interests, and the variety of these programs is limited only by the creativity of the program’s developers. The products often include discounts on a range of products and services. Organizations that offer affinity programs to their members must ensure that the benefits to their …

Read more

Latest “What Is Cargo? (with pictures)”

Freight is generally defined as goods transported by air, ship, or automobile. Freight is sometimes transported by rail, but this method is generally less common. In most cases, freight consists of boxes or containers filled with materials or products that are transported from one company to another, but person-to-person combined freight is an important part …

Read more