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Weighted Average Cost
An accounting method for inventory that takes cost of goods available for sale and divides it by the number of units available for sale to give a weighted-average cost per unit.
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A bank wire is an electronic message system that allows major banks to communicate various actions or occurrences regarding client accounts. The wire represents a secure computerized messaging system that sends account information, notifications, and transaction requests between banks.
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Wireless Access Point (WAP)
A networking hardware device that allows a Wi-Fi device to connect to a wired network.
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Withholding Agent
A withholding agent might be the foreign entertainer or athlete’s agent or manager, a presenter, an accountant, or anyone else who is independent of the entertainer or athlete and is acceptable both to the IRS and the entertainer or athlete.
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Working Capital
Working capital is an amount of expenditures the service center can retain to fund operations during fluctuations of revenue and expenditures. This is the maximum balance the service center can retain in its operating budget at any given time.