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Removing from consciousness disturbing, guilt-provoking or otherwise unpleasant memories so that one is no longer aware that a painful event occurred is called
Work in Process Inventory
Items undergoing production that are not fully complete but are part way through the manufacturing process.
Overhead Applied
The allocation of overhead costs to specific products or production jobs based on a predetermined overhead rate.
T-account
A simplified accounting tool that represents the two sides of every financial transaction as debits and credits.
Property Taxes
Taxes assessed by local governments on real estate and sometimes personal property, based on the property's value.
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