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An annuity is a financial product that comes with several advantages, such as interest accumulation, financial security, and wealth accumulation. Although annuities look like simple investments at the first glance, learning all the ins and outs of the contract may be challenging. Owner, annuitant, and beneficiary are all phrases that might be easily misunderstood, simply due to the fact that they are often used interchangeably even by those from the profession itself. However, their behavior changes when applied to annuities. Who is an Annuitant? An annuitant is a person who, under the terms of an annuity contract, is ... Read More
All work and no play make Jack a dull young man. Despite being a cliché, everyone can understand this. Since most people's lives revolve around their jobs, taking time off is critical for their emotional, mental, and physical health. Laws regulating the workplace have been enacted to strike this equilibrium between employment and other facets of an individual's life. vacation time and holiday pay are two examples. What is Annual Leave? Employees who have been with the same firm for at least a year are entitled to paid vacation time from their employers. Each country's labor regulations determine ... Read More
Invert means to print the value in reverse order. In a technical word, we can say that suppose we have taken an object of the array. The object takes the value in key-value pairs and prints the value in value-key pairs. The _.invert() function belongs to the underscore.js a javascript library that provides versatile functions. This is used to copy an object where the object key is converted into value and the object is converted into the key. This means the [key, value] of the object is reversed. Syntax Following is the syntax of the _.invert() function − _.invert(object) ... Read More
Over the past five years, Amazon has worked hard to expand into the largest and most customer-centric business on the planet. For this reason, the company has diversified its operations. Amazon is always investing in new services and products in order to grow its main retail business. It has provided a fresh viewpoint in one of these domains, notably retail shop purchases. The retail giant has recently introduced the most advanced shopping technology in the world. Amazon Go is an innovative concept for retail that was announced by the company in 2018. The company markets this service under the motto ... Read More
Every firm, no matter how big or small must comply with legal requirements for reporting financial data and paying taxes. Therefore, in any form of business, it is not a luxury but a need to keep meticulous records of all money coming in and money going out. Depreciation, the slow but steady decline in the value of an item over time, is an inevitable cost of doing business. This expenditure arises independently of the worth of the firm's assets. As a result of this, it is vital to create a distinction between cumulative depreciation and the spending of depreciation. ... Read More
A company's profitability may be calculated by comparing two variables: income and expenditures. At some point in the accounting process, you will have to categorize some cash inflow or outflow as belonging to a specific time frame. Accrual and deferral procedures are utilized to achieve this result. After the adjustments have been made, the accounting records for accruals and deferrals will be created on an accrual basis rather than a cash one. This, in turn, guarantees that the genuine image of the firm is represented in the accounting records and practices, as required by the matching concept of accounting. ... Read More
In this article we are going to discuss how to get the first n values of an array using JavaScript. First, n value − to find the elements from the first index to n (n is the given number or given index) suppose you have given the n value as 5 the returned elements will be from index 0 to 5. Using the _.first() function To get the first n elements of an array we have many logical methods. But underscore.js provides the _.first() function. Which will directly or in a simple way gives the output. Note − if we did not mention ... Read More
The business world is full of obstacles that might slow down a startup and even prevent its success. Programs like accelerators and incubators are only two examples of the many initiatives developed to address this problem. These initiatives supply start-ups with the guidance and resources they require to become operational. This article will show that there are significant differences between these two expressions, despite the prevalent belief that they mean the same thing. What is an Accelerator Program? These programs are temporary aid packages for startups that connect them with financial backers, experienced advisors, and other resources to ... Read More
The term "analyst" has become not only ubiquitous but also crucial in the corporate and professional worlds. A business, system, or financial analyst is someone who does research and analysis on a certain topic. Business analyst, systems analyst, and financial analyst are all derivative terms from the original term. The terms "data analyst" and "business analyst" are often used interchangeably but have distinct meanings. However, as will be seen, they are, in fact, quite different. Who is a Business Analyst? A member of management who is capable of making sensible, fact-based decisions for the organization. Their role as ... Read More
We can find the specific condition with the help of the _.whare() function. The _.where() belongs to underscore.js a javascript library that provides versatile functions. The _.where() is a function used to find the specific element according to the given conditions. Suppose you want to find all the user details of the class and then apply the _.where() function to the list of all the sections and pass the condition as the section name. So the name of all the users with the specific condition will be returned. Syntax _.where( list, [predicate], [context] ) The function accepts three-argument as ... Read More