Examlex
The sales value at splitoff method allocates joint costs according to each product's value, at the splitoff point, of the total production in the accounting period of each product.
Contemplation
The act of considering or thinking about something with the possibility of taking action.
Recognized
Given official status or identified as having met certain criteria or standards.
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The legal framework that governs the United States, encompassing federal, state, and local laws.
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An individual human being, also can refer to a legal entity such as a corporation recognized by law as having rights and duties.
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