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If a company's revenues and earnings are highly predictable, it's stock price will also be highly predictable.
Controlling Account
An account in the general ledger that summarizes the detail contained in a subsidiary ledger.
Cost Ledger
A ledger that keeps track of the costs of production, including direct materials, direct labor, and manufacturing overhead.
Jobs Shipped
The completed work projects or orders that have been sent to the customer.
Finished Goods
Products that have completed the manufacturing process and are ready to be sold.
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