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Process order settlement - FIOC - KKRC - Variance Report(KKBC)

Former Member
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as I am fresher with cost accounting department, I want to know about process order settlement and when it is happening , what is the uses of settlement. if I wont settle the process order, what will happen. after settled the process order, we are running FICO - FICO means what, why we are running.

Tell me about KKRC use and KKBC report uses.

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