ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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UNDERABSORBED OVERHEAD Definition
UNDERABSORBED OVERHEAD is where total overhead has not been fully allocated to products sold or services offered. Such a condition can result in an understatement of COGS or cost of sales.
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HASH TOTAL is a control total that has no meaning in itself except for control, e.g., total social security numbers of employees paid.
GOING PUBLIC refers to those activities that relate to offering a private companys shares to the general investing public including registering with the SEC.