Business Terms and Jargon Explained

What is Profit and Loss Responsibility

P & L responsibility is the accountability of a department, section or company in terms of it making a profit or loss in its own right. When authority is given, then that person is responsible for its performance and how it will affect the rest of the business and is answerable for the results.

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Descope Donor Tariff
To adduce Application Writ
Overheads Direct Representative Alpha geek
Order of committal Assurance Private Motor Vehicle
Refinance End Use Temporary Importation
Marketing Mix Tax Form - P138S Petitioner
Million Bridge loan - (bridging loan) Rand
Freehold ETD Direct tax
Continuous Supply Of Goods Advance information Colon - Costa
The Bar Intermediate goods Garage Sale
Core Competences Lifo Functional Fexibility
Admiralty Court Account monitoring order Bankrupt
Collateralised Transactions MasterCard Period Entry

Term created / updated 2007-05-29 00:06:06

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