Accounting – Three Major Areas

Michael Russell asked: There are three major functional areas in accounting, which need to be considered in modern day accounting for any business. The three are financial, cost and management accounting. The first area, namely financial accounting, is primarily useful for ascertaining the results of the business on a periodical basis; for example, one year. …

HOW FULL . . . is “full” coverage?

When you call to place insurance on a vehicle you recently obtained, have you ever said, “I want full coverage on this car?”  Every day at our office in Bellbrook, Ohio we receive calls for new auto insurance and sometimes we ask the question, “Do you need full coverage?”  Most people understand this to mean, …