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FUNDED DEPRECIATION ACCOUNT Definition

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FUNDED DEPRECIATION ACCOUNT is a reserve setup to cover the replacement cost of those capital assets covered within the depreciation schedule.

 

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GINNIE MAE see GOVERNMENT NATIONAL MORTGAGE ASSOCIATION.

COST-VOLUME-PROFIT ANALYSIS (CVPA) examines the behavior of total revenue, total costs and profit as changes occur in the output level, selling price and variable costs per unit or fixed costs.


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