LRIC Definition

Bookmark and Share

LRIC is an acronym for Long Run Incremental Cost. A service costing methodology used primarily in the telecommunications industry.

Learn new Accounting Terms

TURNAROUND DOCUMENT is a document that has been created by a computer to be used for data entry. It is a called a turnaround document because once it has been filled in by users it is then used for input back into the computer. An example of a turnaround document is the mark sheet that is filled in by your teacher. The mark sheet is generated by the computer, filled in by the subject teacher and then used for input back into the computer so that reports can be printed.

SCA see SUSTAINABLE COMPETITIVE ADVANTAGE.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.