ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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APPLICATION RATE Definition
APPLICATION RATE is the quantity (mass, volume or thickness) of material applied per unit area.
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OMITTED is to leave undone or leave out, i.e. to prevent from being included or considered or accepted.
STATEMENT OF CASH FLOWS measures the flow of money in and out of a business. One of four financial statements found in the annual report, it categorizes a companys cash receipts and disbursements for a given fiscal year by three major activities: operations, investments and financing.