COST OF REVENUE Definition

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COST OF REVENUE see COST OF GOODS SOLD.

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LONDON INTERBANK OFFERED RATE (LIBOR) is the rate that the most creditworthy international banks that deal in Eurodollars charge each other for large loans. It is equivalent to the federal funds rate in the U.S.

SOP is Statements of Position (within the AICPA or FASB) or Standard Operating Procedure.

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