ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
ATTRIBUTE SAMPLING Definition
ATTRIBUTE SAMPLING is a property that has only two possible values (an error exists or it does not).
Learn new Accounting Terms
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.