COMMON-SIZE STATEMENT Definition

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COMMON-SIZE STATEMENT see COMMON SIZE ANALYSIS.

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BOND INSURANCE is insurance purchased by bond issuers to guarantee the timely payment of principal and interest, primarily for municipal bond issues. The Municipal Bond Investment Assurance Corp. (MBIA), Federal Guarantee Insurance Corp. (FGIC) and AMBAC Indemnity Corp. (AMBAC) are among the largest insurers. Insured bonds are rated AAA.

COST ACCOUNTING is a managerial accounting activity designed to help managers identify, measure, and control operating costs.

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