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ATTRIBUTE SAMPLING Definition

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ATTRIBUTE SAMPLING is a property that has only two possible values (an error exists or it does not).

 

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JIT see JUST-IN-TIME.

UNIT-OF-WORK-PERFORMED METHOD is where revenue and cost of sales are recorded as units of work are delivered. This is most suitable to production-type contracts where many units of a product are produced in a continuous process, e.g. automobile manufacture.


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