Uniform Costing
Uniform costing is the practice of using a standardised cost accounting system across multiple firms in the same industry. It enables meaningful comparison of performance, cost control, and pricing strategies while promoting transparency and consistency in financial reporting.
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Unit Trust
A unit trust is a collective investment scheme where investors pool funds to invest in diversified assets such as stocks,…
Underwriting Commission
Underwriting commission is the fee paid to underwriters for assuming the risk of buying and reselling securities or insurance policies.…
Unearned Discount
An unearned discount is the portion of a financial discount received before it is actually earned, typically on prepaid expenses…
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