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Highway tax: Often called toll tax, it is tax gathered from major highways and highway customers. Distance, the number of automobiles utilizing the road and usage frequency ascertain Street tax rates. Repair service, enhancement, and up-gradation also impact the speed and frequency at which highway tax is gathered.
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Cost Accounting: This region is based on planning of report on generation and manufacturing Price of goods and providers. That's why, Price accounting serve as an essential Instrument in the decision creating process.
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This theory could lead on to reduce documented gains considering that earnings and asset recognition may be delayed. It could also motivate recording of losses faster instead of later.