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How is SaaS software distributed?
Equivalent Units
A concept in cost accounting used to assign costs to partially completed goods, measured in terms of complete units of output.
First-In, First-Out
An inventory valuation method where the costs of the earliest goods purchased are the first to be recognized in determining cost of goods sold.
Equivalent Units
A concept used in cost accounting to convert partially completed goods into a number of fully completed units for inventory and cost calculations.
Yield Measures
Refer to the various ways to calculate the return on an investment, often considering interest or dividends received.
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