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Direct materials are the raw materials that become a part of the finished product. Manufacturing adds value to raw materials by applying a chain of operations to maintain a deliverable product.
In insurance, deferred acquisition costs (DAC) is an asset on the balance sheet representing the deferral of the cost of acquiring new insurance contracts, thereby amortising the costs over their duration.
A by-product or byproduct is a secondary product derived from a production process, manufacturing process or chemical reaction; it is not the primary product or service being produced.
A deferred expense, also known as a prepayment or prepaid expense, is an asset representing cash paid in advance for goods or services to be received in a future accounting period.
Resting place: Imam Bukhari Mosque near Samarkand, Uzbekistan: Era: Islamic Golden Age (Abbasid era)Region: Abbasid Caliphate: Main interest(s) Hadith, Aqidah: Notable work(s) Sahih al-Bukhari