MEMORANDUM ACCOUNT Definition

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MEMORANDUM ACCOUNT see SPECIAL MEMORANDUM ACCOUNT.

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ESTIMATION SAMPLING is sampling to estimate the actual value of a population characteristic within a range of tolerable misstatement.

MATRIX ORGANIZATION is where a company superimposes a group or interdisciplinary team of project specialists on a functional organizational design. In a matrix organization the members have dual allegiances, i.e., to that particular assignment or project as well as their normal organizational department.

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