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Grants that are given more or less automatically to states or communities,which have discretion in deciding how to spend the money,are called
Raw Materials Inventory
The total cost of all the materials that are used in making a product but have not yet been converted into the finished product.
Control Account
An account used in accounting to summarize and manage detailed information while keeping the general ledger free of clutter.
Expense Account
An account used to track expenses incurred, which are then offset against revenue to determine net profit.
Raw Materials Inventory
The total cost of all the raw materials that are used in production and currently stored by a company.
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