Accrued Expense

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An already incurred expense which is yet to be paid. The expense is recorded in the books at the time of incurrence but is paid later on. For example: Salary to employees is generally paid once the period gets over and is an accrued expense of the company.

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Market Risk

What is a Market Risk? Market risk reflects the potential of reduction in the investment value due to the interplay of varying market forces in the direction t......
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