ANTITRUST LAWS Definition

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ANTITRUST LAWS is U.S.legislation to prevent monopolies and restraint of trade.

Learn new Accounting Terms

THEORETICAL USAGE, in a manufacturing environment, is the projected or budgeted usage of parts, materials or supplies as opposed to the actual usage that may occur.

WORKING PAPERS, in accounting, are papers that document the evidence gathered by auditors to show the work they have done, the methods and procedures they have followed, and the conclusions they have developed in an audit of financial statements or other type of engagement.

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