SHIP IN PLACE Definition

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SHIP IN PLACE is sales billed to customers prior to delivery and held by the seller (also: "bill and hold" or "bill in place" sales).

Learn new Accounting Terms

NOPLAT is Net Operating Profit Less Adjusted Taxes.

COMPARE / COMPARISON is an audit procedure where an auditor observes similarities and differences between items such as an account from one year to the next.

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