CONSULAR DECLARATION Definition

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CONSULAR DECLARATION is a formal statement to the consul of a foreign country declaring the merchandise to be shipped.

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GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) is a recognized common set of accounting principles, standards, and procedures. GAAP is a combination of accepted methods of doing accounting and policy board set authoritative standards.

UNDERBUDGETED is a line item within a budget to where the budgeted amount is not sufficient to cover the actual amount.

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