Examlex
Most deserts occur near ____ latitude because of the presence of dry descending air masses.
Physical Units
A measure used in cost accounting to quantify units of production or inventory in a tangible, countable form.
Percentage of Completion
An accounting method used to recognize revenues and expenses of long-term projects proportionally to the work completed.
Equivalent Units
A concept in cost accounting used to allocate costs to partially completed goods, treating them as an equivalent number of fully completed units.
Physical Count
The process of manually counting the actual inventory on hand at a particular time to verify the quantities listed in accounting records.
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