CONSUMMATE Definition

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CONSUMMATE is to bring to completion or fruition; conclude, e.g., consummate a business transaction.

Learn new Accounting Terms

NRV, in accounting, is Net Reserve Value.

APPLICABLE FINANCIAL REPORTING FRAMEWORK is the financial reporting framework adopted in the preparation of the financial statements that is acceptable in
view of the nature of the entity and the objective of the financial statements, or that is required by law or regulation.

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