Chemical components that help an product to perform its function. This is the opposite of inactive ingredients.
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ACTIVE INVENTORY
Consumable or sellable inventory that will be gone within usually a one year time period .
ACTIVE INVESTOR
A firms shareholder that is involved in the daily affairs of that firm.
ACTIVE MARKET
When the market experiences heavy trading.
ACTIVE MEASURE
Changing the acceptable pace by management or government to forcefully reach a goal.
ACTIVE NEGLIGENCE
The action of failing to use ordinary care that will result in mental or physical harm to another person. the opposite of passive negligence .
ACTIVE PARTNER
An investor that is involved in the daily affairs of a firm.
ACTIVE RECORD
A record that is still being processed or is referred to often. At least once per month in government. AKA current record.
ACTIVE REPAIR TIME
The length of time a system is not available due to a repair.
ACTIVE STOCKS
Stocks and shares that experience a heavy turnover.
ACTIVE TRUST
A trust fund where the trustee has active duties. These duties can be handling assets, collections, and sales. AKA special trust. Refer to bare trust.
ACTIVEX
A microsoft software like java. Object linking code and web page data are used. It bridges the gap between programming languages. It is insecure. Refer to javabeans.
ACTIVIST POLICY
Policy of a government that is active in the economy to effect its agenda and objectives.
ACTIVITIES BASE SYSTEM
Information that leads to facts about activities in an organization .
ACTIVITIES, INTERESTS, OPINIONS (AIO)
The individuals lifestyle choices used to make a market profile . When added with demographic information buying behavior is determined. AKA attitudes, interests, and opinions. Refer to values adn life […]
ACTIVITY
Work performed to create a result. Actions done to help ABC computations. The smallest task done in a time, in relation to others, resouces, and costs. AKA task.
ACTIVITY ACCOUNTING
Organizing data about activies for analysis to help an organization .
ACTIVITY ANALYSIS
Evaluating and identifying an activity and its operatinal impact. It tells being done, people needed, time, resources, data, and the value exerted on the organization .Refer to job analysis, performance […]
ACTIVITY ATTRIBUTES
The capacity of any activity. This includes time and cost drivers to name just two factors.
ACTIVITY BASE
The production activity used to create overhead.
ACTIVITY BASED BUDGETING (ABB)
The relationship that costs and activities have. This is used to make a budget. Refer to activity based costing.
ACTIVITY BASED COSTING (ABC)
Matching cost to activity. Any product uses activities, resources, and costs. This model was developed by Robert Kaplan and Robin Cooper in the late 1980s.
ACTIVITY BASED MANAGEMENT (ABM)
When management adds activities that help and removes ones that don’t. It improves efficiency and market effectiveness . It tries to reduce cost, measure performance , improve cash flow, improve […]
ACTIVITY CAPACITY
The capacity of an activity under standard operating conditions.
ACTIVITY CENTER
When two or more activities have a grouped cost.