DOCUMENT MAINTENANCE is a formalized system of ensuring that all controlled documents are to the latest configuration or version.
NET OF TAXES means the effect of applicable taxes (usually income taxes) has been considered in determining the overall effect of an item on the financial statements. The phrase is used when a company has items that must be disclosed in a separate section. Each such item should be reported net of the applicable taxes.
USAGE VARIANCE is the difference between the budgeted quantity of materials and the actual quantity used.
Enter a term, then click the entry you would like to view.