"A gold standard would restore integrity and stability to the U.S. dollar and the international monetary system—qualities that have been sorely missing for years." — Steve Forbes, Chairman and ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

In business accounting, standard margin and gross margin are two key indicators of a company's economic health. The key difference is that one measures the big-picture outlook in terms of how much ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

See how an absolute performance standard benchmarks quality control, measuring progress and efficiency, though unattainable. Explore its advantages and disadvantages.