FISCAL QUARTER Definition

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FISCAL QUARTER is any of the four financial accounting quarters within a fiscal year. See FISCAL YEAR.

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EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) is an employee benefit to acquire ownership of shares in their company without necessarily laying out personal capital.

COLLECTION PAPERS are those documents specified as necessary for payment to be made, such as the commercial invoice, certificate of inspection, and bill of lading.

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