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.
Accounting is the process of managing the flow of money in and out of the company. Areas that come under the accounting group are accounts payable, accounts receivable, payroll, customer credit accounts, collections and tax accounting.