OTHER CURRENT ASSETS Definition

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OTHER CURRENT ASSETS relates to any other current assets. Does not include prepaid items.

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GNMA MIDGETS are GNMA bonds secured by mortgages with a stated maturity of 15 years.

PROCESS COSTING is a method of cost accounting applied to production carried out by a series of chemical or operational stages or processes. Its characteristics are that costs are accumulated for the whole production process and that average unit costs of production are computed at each stage.

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