Definition of Construction work in progress (CWIP)

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TeachMeFinance.com - explain Construction work in progress (CWIP)



Construction work in progress (CWIP)

The balance shown on a utility's balance sheet for construction work not yet completed but in process. This balance line item may or may not be included in the rate base.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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