UNIT-OF-WORK-PERFORMED METHOD is where revenue and cost of sales are recorded as units of work are delivered. This is most suitable to production-type contracts where many units of a product are produced in a continuous process, e.g. automobile manufacture.
HYBRID INSTRUMENT is a package containing two or more different kinds of risk management instruments that are usually interactive.
PURCHASE RETURNS is a contra purchase account that records all credits from returned inventory purchases.
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