INCREMENTAL Definition

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INCREMENTAL is increasing gradually by regular degrees or additions.

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ACCOUNT-CLASSIFICATION METHOD, also called account analysis, is a cost estimation method that requires a study of an account in the general ledger. The experienced analysts use the account information as well as their own judgment to determine how costs will behave in the future.

LIBID is the London Interbank Bid Rate, the rate that a bank is willing to pay for funds in the international interbank market.

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