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This is a list of abbreviations used in a business or ... RAQSCI – Regulatory, Assurance of Supply, Quality, Service, Cost ... Ts & Cs – Terms and ...
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Professional services are occupations in the service sector requiring special training in liberal arts and pure sciences education or professional development education. [1] Some professional services, such as architects , accountants , engineers , doctors , and lawyers require the practitioner to hold professional degrees or licenses and ...
External service costs – professional assistance (only when it is needed – technician etc.) with goal to find most profitable way with new regulation; Administration and enforcement costs – implementing new licensing systems, processing renewals or publicizing a new information
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants.Consulting firms may have one employee or thousands; they may consult in a broad range of domains, for example, management, engineering, and so on.
A professional services network is neither a mere extension of the members nor only a support organization for independent professional services firms, but is rather an independent organization. It is also a business, and very different from professional associations such as bar , accounting and other associations whose membership is generally ...
On an income statement, "operating expenses" is the sum of a business's operating expenses for a period of time, such as a month or year. In throughput accounting, the cost accounting aspect of the theory of constraints (TOC), operating expense is the money spent turning inventory into throughput. [4]