Examlex
The cap-and-trade approach to pollution reduction means that permit holder not using their entire allocation can save credits for future expansion.
Managerial Accounting
The field of accounting that focuses on providing information to managers for use in planning, decision-making, and operational control.
External Users
Individuals or entities outside of a company who use its financial statements, such as investors or creditors.
Internal Users
These are individuals or groups within an organization who use financial and other data in directing and controlling its operations; they include management, employees, and internal auditors.
Cost of Goods Sold
The costs directly related to the manufacturing of products sold by a business, which encompass both materials and labor expenses.
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