VALUATION PROCEDURE Definition

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VALUATION PROCEDURE is the act, manner, and technique of performing the steps of an appraisal method.

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INTERMEDIARY is the person or institution empowered to be the intermediary in making investment decisions for others. Examples: banks, savings and loan institutions, insurance companies, brokerage firms, mutual funds, and credit unions.

COST ACCOUNTING is a managerial accounting activity designed to help managers identify, measure, and control operating costs.

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