Work in Process Definition
Below please find a definition of “Work in Process”
Work in Process: In simple terms as the term suggests, any work that has been initiated and / or is being worked on but has not been released to the customer is termed as work in process. In the financial world, work in process is a financial account that contains the dollar value of the goods that are made ready for production, yet has not produced a finished product.
Free MP3 Download: To download our free 35 minute audio interview with expert Richard C. Wilson on how to succeed in the field of finance please click here.
Fast Financial Training: If you want to take your finance or business career to the next level you should explore our financial analysis certification program, or our training programs on financial modeling, investment banking, hedge funds, or private equity. All of these programs are offered on https://BusinessTraining.com
Expand Your Financial Vocabulary: Read more finance terms and definitions
Tags: What is work in process?, Define work in process, Meaning of work in process, Work in process definition, Work in process example, Work in process meaning, Work in process formula, Work in process analysis