ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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TIME LAG Definition

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TIME LAG see LAG TIME.

 

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UNALLOCATED COSTS represents corporate costs not associated either directly or indirectly in providing a product or service for sale. Unallocated costs are not included in the calculation of COST OF GOODS SOLD.

AUTHORIZATION OF STOCK is the provision in a corporate charter giving permission to issue stock.


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