GOODS RECEIVED NOTE Definition

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GOODS RECEIVED NOTE is a document produced when goods are received into the company/factory. It will usually accompany goods to any inspection and is used to check against invoices before payment.

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MAP can mean Manufacturing Application Protocol, Merchant Account Provider, Minimum Advertised Price, or Major Accounts Processing among many others.

SUNK COST is the cost expended that cannot be retrieved on a product or service.

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