Vertical Integration Definition:

The involvement by a company in more than one of the steps from production of basic raw materials to the manufacture and distribution of a finished product.

Other Related Accounting Articles:

• Vertical Merger
• Work in Process Accounting
• Vertical Analysis Definition
• Vertical Market
• Raw Materials Definition
• Direct Materials Definition
• Step Fixed Cost
• Indirect Materials Definition
• Profit Velocity Analysis
• Similarities between Job Order and Process Costing System