Examlex
Whistle-blowing occurs when an employer reports an employee's wrongdoing.
Raw Materials
The basic materials and substances used in the initial stages of production to manufacture goods.
Standard Costs
Predicted costs associated with manufacturing or providing a service, used for budgetary control and performance analysis.
Cash Account
An account that tracks the flow of cash transactions, including all receipts and payments of cash.
Standard Cost Variances
Differences between the planned (standard) costs and the actual costs incurred.
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