BRANCH ACCOUNTING Definition

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BRANCH ACCOUNTING is accounting for geographically separated sections of enterprises. The accounting system adopted depends upon the degree to which the branch is controlled from its head office.

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EUROIZATION is the use of the euro by a country as its own currency; the linking of a currency's value to that of the euro; or, the use of the euro for accounting purposes.

COST SYNERGY is the savings in operating costs expected after two companies, who compliment each others strengths, join.

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