JOB SPECIFICATION Definition

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JOB SPECIFICATION is the delineation of the knowledge, skills, and abilities along with the associated education, training, and experience required to successfully perform within a position. The stipulated criteria normally constitutes the minimum recruiting criteria or minimum qualifications for the position

Learn new Accounting Terms

UNDERBUDGETED is a line item within a budget to where the budgeted amount is not sufficient to cover the actual amount.

REVENUE PRINCIPLE is where revenues are recorded when they are earned regardless of timing of cash receipts.

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