Examlex
The amount of overallocation or underallocation is found by taking the difference between the amount of overhead allocated during the year and the amount of overhead incurred during the year.
Operating Activity
Transactions and events that are directly involved in the primary operations of a business, such as sales and service revenue, and associated costs.
Change In Cash
The difference in a company's cash balance over a specified period, resulting from its operating, investing, and financing activities.
Stock Market
The stock market is a collection of markets and exchanges where the buying, selling, and issuance of shares of publicly-held companies occur.
Going Concern
An accounting principle presuming that a company will continue operating and not go bankrupt or be liquidated in the foreseeable future.
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