Achievements

Awards
Awards are formal recognitions given to individuals or entities for achieving excellence in a specific field or meeting certain predefined criteria. These recognitions can be in the form of trophies, medals, certificates, or other tangible items that symbolize achievements.
Kudos
Kudos refers to the recognition given by an entity for achievements. This acknowledgement can manifest in various forms, including bonuses, medals, or trophies.
Status
Status refers to the position, class, standing, or rank achieved within society. This can be influenced by various factors such as achievements, financial wealth, education, occupation, or social connections. It is an essential aspect within sociological and economic studies that affects social hierarchies and individual identity.

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.