PERIODIC VALUATION Definition

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PERIODIC VALUATION allows for the determination on future dates the value of assets, portfolios, etc. with the idea of setting a new standard cost or value to those assets. Such revaluations, up or down, are then posted as the new standard cost or value. See REVALUATION.

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IAS is Institute of Asset Management (UK).

DELIVERY ORDER is a document from the consignee, shipper, or owner of freight ordering the release of freight to another party.

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