ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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JOINT ACCOUNT Definition

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JOINT ACCOUNT is a financial account owned by two or more persons who share equally in the rights and liabilities of the account.

 

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MATERIAL CONTROL SYSTEM (MCS) is the software program used to control the routing and transfer of material within an automated material handling and control system.

SPOT-CASH is the immediate cash payment on a transaction.


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