statement function

statement function

[′stāt·mənt ‚fəŋk·shən]
(mathematics)
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In addition, it is also possible to import bank statements using the e-bank statement function. This self-learning tool imports, as well as automatically allocates transactions to the relevant expense, supplier or customer account.
Last year, CBP rolled out ACE's third release--a Periodic Monthly Statement function that allows participants to pay duties, taxes and fees on a monthly basis, as opposed to the traditional transaction-by-transaction basis.
By arranging the roles and functions of mission statements thematically, a figure can be constructed that contributes to an understanding of how a mission statement functions within one of Mintzberg's (2007) strategy continuums.
Such a statement lists assets, subtracts liabilities, and computes your remaining "net worth." The statement functions as a "financial scoreboard" by quantifying progress in meeting goals and highlighting problem areas.
A core value statement functions like a corporate compass, providing reference points for shaping and building the owner-managed business.