Chemical resistance is an important attribute of personal protective equipment (PPE) that is worn to protect workers against exposure to harmful chemicals. Because chemicals do not react equally to different substances, the chemical resistance of a product is a term that must be understood relative to the substance that it could be exposed to. The use of safety equipment that can sufficiently resist exposure to substances that may be present in the workplace is an important part of an employer’s safety obligations, which include requirements to provide workers with appropriate PPE and to limit exposure to harmful chemicals. The terms debit and credit signify actual accounting functions, both of which cause increases and decreases in accounts, depending on the type of account. That’s why simply using „increase“ and „decrease“ to signify changes to accounts wouldn’t work. There are a number of ways organisations report their CR/CSR activities, although most can be split into four key themes covering Community, Workplace, Marketplace and Environment, or aspects of them.

• When it comes to the DR and CR abbreviations for debit and credit, a few theories exist.
• Adam received his master’s in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology.
• That’s why simply using „increase“ and „decrease“ to signify changes to accounts wouldn’t work.
• Chemical resistance (CR) refers to the ability of a material to withstand exposure to a chemical substance without being degraded by that substance and without that substance permeating the material.

Most organisations are already doing something positive under the Corporate Responsibility/ Corporate Social Responsibility heading, but have not fully recognised it as such. Examples include charity work, good workplace health, safety and wellbeing, community programmes, environmental initiatives around net zero, waste and recycling and social value. By having a management review from an external consultant, you can pull all these efforts together and create a plan for sustainable improvement within your business. This website is using a security service to protect itself from online attacks.

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It has though become increasingly apparent over recent years that the value of honest information is significant from a reputation as well as business perspective to both internal and external customers. An example of the manner in which chemical resistance is substance-specific can be found when reviewing the properties of material used in protective gloves. Latex gloves provide strong resistance to acetone, while nitrile gloves provide poor resistance; however, latex has poor resistance to diesel fuel, while nitrile provides strong resistance.

• When you increase assets, the change in the account is a debit, because something must be due for that increase (the price of the asset).
• There are a number of ways organisations report their CR/CSR activities, although most can be split into four key themes covering Community, Workplace, Marketplace and Environment, or aspects of them.
• For example, say Company XYZ issues an invoice to Client A. The company’s accountant records the invoice amount—$1,000—as a debit, or DR, in the accounts receivables section of the balance sheet, because that is an asset account.
• He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses.
• A good CR report tells of the good and the not so good, acknowledgement of poor performance and a commitment to its improvement is after all part of it’s purpose.

On the flip side, an increase in liabilities or shareholders‘ equity is a credit to the account, notated as „CR,“ and a decrease is a debit, notated as „DR.“ Using the double-entry method, bookkeepers enter each debit and credit in two places on a company’s balance sheet. In double-entry accounting, CR is a notation for „credit“ and DR is a notation for debit. Credit is a term used to mean „what is owed,“ and debit is „what is due.“ Understanding budgeted revenue how to use CR and DR will help you make sense of a company’s balance sheet and gain useful insight into the increases and decreases of key accounts. Assurity Consulting Ltd is the UK’s leading independent workplace health, safety and environmental compliance consultancy. Our consultants support organisations across the UK with risk assessments, help, advice and training on workplace health & safety, environmental compliance and ISO 14001.

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One theory asserts that the DR and CR come from the Latin present active infinitives of debitum and creditum, which are debere and credere, respectively. Another theory is that DR stands for „debit record“ and CR stands for „credit record.“ Finally, some believe the DR notation is short for „debtor“ and CR is short for „creditor.“ There are a few theories on the origin of the abbreviations used for debit (DR) and credit (CR) in accounting. To explain these theories, here is a brief introduction to the use of debits and credits, and how the technique of double-entry accounting came to be. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only.

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Conversely, an increase in liabilities is a credit because it signifies an amount that someone else has loaned to you and which you used to purchase something (the cause of the corresponding debit in the assets account). This may cause some of the material to be lost, potentially creating holes in the material, or it could result in changes to the material’s physical properties in a manner that makes it more permeable. Materials that are heavily degraded by a substance may be referred to as being “attacked” by that substance. Chemical resistance (CR) refers to the ability of a material to withstand exposure to a chemical substance without being degraded by that substance and without that substance permeating the material. A debit reflects money coming into a business’s account, which is why it is a positive. When it comes to the DR and CR abbreviations for debit and credit, a few theories exist.

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This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. This means that the material must not react significantly with the chemical substance (which causes degradation), and it must act as a sufficient barrier to prevent the substance from permeating through it. Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader.

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The term debit comes from the word debitum, meaning „what is due,“ and credit comes from creditum, defined as „something entrusted to another or a loan.“ Having an outside organisation review and report on your CR/CSR activities can help not only enhance the quality and veracity of your report, but may also pick up areas, themes and opportunities that have not been recognised. Because the subject is dynamic and can impact a range of different departments, fully identifying the positive (or recognising the negative) effects in context and in their entirety can be difficult. Often as a result organisations will focus on a fewer, more “high profile” or “pet”  CR/CSR initiatives which are then fanfared at the expense and possible detriment or oversight of others. Currently 10,000s of CR/CSR reports are produced each year, with output from organisations in over 150 countries (corporateregister.com figures). When you increase assets, the change in the account is a debit, because something must be due for that increase (the price of the asset).

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The determination of a material’s chemical resistance is done through tests that are subject to existing technical standards from recognized standards organizations such as ASTM International. PPE manufacturers validate the chemical resistance of their products by measuring the permeation rate, breakthrough time, and degradation rate of a product when exposed to a specific chemical. The breakthrough time refers to the time it takes for a test chemical to be detected on the other material being tested, while the permeation rate reflects the highest flow rate of a test chemical across the material within a six- or eight-hour test period. Accounts payable is a type of liability account, showing money which has not yet been paid to creditors. Assurity Consulting is the UK’s leading independent compliance consultancy specialising in workplace health, safety and environmental solutions. We have over 30 years‘ experience of helping customers of all sizes, from across all sectors, manage their compliance responsibilities, making sure that their organisation is compliant, their employees are safe, their processes are cost effective and their management team is in control.