Enterprise

Enterprise
An enterprise refers to a business firm or company, often applied to a newly formed venture. It is an organization engaged in commercial, industrial, or professional activities with the primary objective of earning profit.
Optimism Bias
A cognitive bias that leads individuals to be overly optimistic about the outcomes of their actions, frequently resulting in underestimation of risks, costs, and duration, while overestimating benefits.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.