Glossary

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period

Subject: 

  • Accounting

length of time

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direct material expense
Subject:
Accounting

expense that includes raw materials and carriage and freight charges.

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Subject:
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Subject:
Accounting

(also called shortfall) amount by which a sum of money is too small (lower than expected or...

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Subject:
Accounting

overdue account that has not been paid

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Subject:
Accounting

amounts an employer pays into a plan for employees' retirement