Definition of Revisions and additions (gross change in reserves)

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TeachMeFinance.com - explain Revisions and additions (gross change in reserves)



Revisions and additions (gross change in reserves) -- The difference (plus or minus) between the year-end reserves plus production for a given year and the year-end reserves for the previous year.




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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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