ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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DEPRECIATION METHOD Definition
DEPRECIATION METHOD see DEPRECIATION.
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LOSS, in finance, is when expenses exceed sales or revenues, i.e. goods or services are sold for less than their cost.
PRODUCT is: a. the end result of the manufacturing process, b. commodities offered for sale, or c. an artifact that has been created by someone or some process.