Many businesses, particularly those using accrual accounting, face a common challenge: the lag between invoicing customers, collecting payments and paying suppliers and contractors. This discrepancy can lead to a negative cash flow, even if the company’s...
The difference in living quality of the people is conditioned to their level of income which, in turn, depends on their level of training in the functions they perform in order to obtain that income; that is to say that the price-value of the work performed by a...
