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Allocation
The process of distributing resources, costs, or revenues among various accounts, departments, or products based on specific criteria.
Indirect Salaries
Salaries for employees who do not directly work on the production of products or services but support those who do.
Basis of Sales
The underlying foundation or principle for recognizing revenue from sales transactions in accounting records.
Departmental Accounting System
This system allows for accounting and financial reporting to be done separately by departments within an organization, facilitating more specific financial oversight.
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