Redundancy

Contract of Employment
A Contract of Employment defines the relationship between an employer and an employee, outlining duties, control measures, and compensation.
Redundancy
Redundancy refers to the intentional or unintentional repetition of computer data or the engineering support of a system's weakness. This practice enhances reliability and safety in various systems by providing backup or fail-safes.

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.