Tag: units

Yearly Probability Of Dying

Yearly Probability Of Dying What is 'Yearly Probability Of Dying' A numerical figure that depicts the likelihood of someone dying per year....

Incentive Distribution Rights (IDRs)

Incentive Distribution Rights (IDRs) What is 'Incentive Distribution Rights - IDRs' These give a limited partnership's general partner an increasing share in...

Manchester Business School (MBS)

Manchester Business School (MBS) What is 'Manchester Business School - MBS' The business school at the University of Manchester in Manchester, England....

Absorption Costing

DefinitionTotal absorption costing is a method of Accounting cost which entails the full cost of manufacturing or providing a service. TAC includes not just...

Abnormal Spoilage

Abnormal Spoilage What is 'Abnormal Spoilage' The waste or wrecking of inventory beyond what is expected in normal business processes. Abnormal spoilage...

Abandonment Option

Abandonment Option What is 'Abandonment Option' A clause granting parties the option of withdrawing from the contract before the fulfillment or completion...

Absorbed Cost

Absorbed Cost What is 'Absorbed Cost' The indirect costs that are associated with manufacturing. Absorbed costs include such expenses as insurance, or...

Sales Mix

Sales Mix What is a 'Sales Mix' Sales mix is a calculation that determines the proportion of each product a business sells,...

Sales Mix Variance

Sales Mix Variance What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and...

Sales Price Variance

Sales Price Variance What is 'Sales Price Variance' The difference between the amount of money a business expects to sell its products...

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