Examlex
Generalization/specialization is denoted in a UML diagram by an arrow pointing upward towards the "general" object class.
Equivalent Units
A concept used in cost accounting to convert the amount of work done on partially finished goods into the number of fully finished units.
Weighted-average
A method used in accounting and finance to calculate an average that takes into account the varying degrees of importance of the numbers in the dataset.
Conversion
The process of changing raw materials into finished goods, or the conversion of currencies, data, or resources from one form to another.
Equivalent Units
A principle applied in process costing that transforms units of incomplete production into an equivalent number of units as if they were fully completed.
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