ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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CHECK Definition
CHECK is a draft drawn against a bank, payable upon demand to the person/entity named upon the draft.
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PBC LIST (PROVIDED BY CLIENT LIST) is a request by external auditors of items that will be required from the client by the auditor prior to the commencement of fieldwork. Such PBC lists are preliminary and will likely be expanded once the audit commences.
UNIT-LEVEL ACTIVITY, in Activity Based Costing, is an activity that must be done for each unit of production.

