Cryptocurrency Q&A
What is the full form of ORC in accounts?
What is the full form of ORC in accounts?
Leonardo
Wed Oct 30 2024
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5
answers
1257
I'm dealing with some accounting documents and I've come across the abbreviation ORC. I'm not sure what it stands for in the context of accounts. Could someone please tell me the full form of ORC in accounts?
5 answers
Michele
Fri Nov 01 2024
It holds the excess operating cash that is not immediately needed for daily operations.
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LightningStrike
Fri Nov 01 2024
The purpose of this account is to support the ongoing development of the organization.
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HanjiArtistryCraftsmanshipMasterpiece
Fri Nov 01 2024
The allocation of funds to the ORC account is determined annually.
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SeoulStyle
Fri Nov 01 2024
This decision is based on the owner's certified audit, ensuring financial transparency and accountability.
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KDramaCharm
Fri Nov 01 2024
The Operating Reserve Cash (ORC) account serves a crucial role in managing financial surplus.
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