Examlex
If a company has 5,000 units that are 60% complete, the equivalent unit figure is 3,000.
Confederation
An organization that consists of a number of parties or groups united in an alliance or league, often referring to a union of states with limited central power.
Sovereign Authority
The ultimate power or authority within a given territory, typically held by a state or monarch, over which no other power can exercise control.
Central Body
The main or primary governing agency or organization within a larger system that coordinates and regulates activities across the system.
Member States
Entities that have agreed to form a federation or union, each maintaining control over its internal affairs while ceding certain powers to a central authority for mutual benefit.
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