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(also called direct cost, prime cost or prime expense) expense linked directly to the manufacturing process
error in adding or posting compensated for by another error that equals the amount of the first...
amount of money that an owner (or group of owners) invests in a business
(also called indigenous bookkeeping) a casual operation where few records are kept of income,...
(also called accounting period, book year or financial year) specific period used for...
GAAP principle that means that the business records assets that it purchases at cost less...