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Closing fiscal period
Process of transferring account balances from sub-ledgers to trial balance account at the end of an accounting period; typically associated with income […]
Customer segmentation
Aggregating or clustering customers into groups (e.g., internal or external customers) that have common needs and expectations for a product or service […]
Check sheet
Collect improvement data with a structured, prepared form and facilitate conversion of that data into meaningful information through further analysis.
Contract closeout
The point at which the termination conditions of the contract have been met (and notice of termination served). It involves the completion […]
Capitalization cutoff point
A designated limit (or, “floor”) for capital requests: Under which an item is expensed in the period purchased. Over which it will […]
Change management
A process that involves defining, refining, and implementing plans for changes. It emphasizes overcoming stakeholder and bureaucratic resistance through coordinated communications and […]
