CONTROLLABLE COST Definition

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CONTROLLABLE COST see CONTROLLABLE EXPENSE.

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PRESCRIBED SECURITY generally means any bond, debenture, stock, stock certificate, Treasury bill or other like security, or any coupon, warrant or other document for the payment of money in respect of such a security, issued by a government authority.

FACTORY OVERHEAD is the costs of operating a factory which cannot be assigned directly to a specific department or product.

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