CHANNEL COSTING Definition

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CHANNEL COSTING is the fulfillment cost information pertaining to distribution channels.

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NONPROFIT ORGANIZATION is one that has committed legally not to distribute any net earnings (profits) to individuals with control over it such as members, officers, directors, or trustees. It may pay them for services rendered and goods provided. Also known as NOT-FOR-PROFIT ORGANIZATION.

UNLIMITED COMPANY is where there is no limit to the member's liabilities.

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