Examlex
A training manual that described in detailed teaching techniques for sailing could be patented but not copyrighted.
Physical Flow
The actual movement of goods or materials through a manufacturing process, from receipt of raw materials to delivery of finished products.
Weighted Average Method
An inventory valuation method that applies a weighted average cost to the goods available for sale, to calculate cost of goods sold and ending inventory.
Responsibility Centre
A management accounting tool in which parts of an organization are allocated responsibility for controlling costs, revenues, or investments.
Control Purposes
Activities or measures implemented to ensure that operations are conducted as planned and resources are used efficiently.
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