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As economic conditions continued to deteriorate in Argentina by the end of 2001, banks suffered increasing runs. The government, fearing that the increasing financial drain on banks would cause their collapse, closed the banks for weeks.
Assembly Department
A production division where various components are assembled to form a finished product.
Process Costing
A costing methodology used in manufacturing where costs are assigned to processes or departments, suitable for homogeneous products.
Job-Order Costing
A costing system used in situations where many different products, jobs, or services are produced each period.
Breakfast Cereal
A food product made from processed grains that is often eaten as a first meal of the day with milk.
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