The biggest factor in stopping distances is the speed at which a driver reacts to seeing the hazard in question. Under ordinary driving conditions, very few drivers indeed can get onto the brakes within half a second, and two-thirds of a second to a full second is more typical.2.
Wiktionary(0.00 / 0 votes)Rate this definition: accountancy(Noun) The function of compiling and providing financial information primarily by reports referred to as financial statements. Accounting includes bookkeeping, systems design, analysis and interpretation of accounting information.
The accounting cycle, also commonly referred to as accounting process, is a series of procedures in the collection, processing, and communication of financial information.As defined in earlier lessons, accounting involves recording, classifying, summarizing, and interpreting financial information.he accounting cycle, also commonly referred to as accounting process, is a series of procedures in the collection, processing, and communication of financial information.