Three of the four stages of cellular respiration produce ATP. The first stage, glycolysis, occurs in the cytoplasm of the cell. During this stage, one glucose molecule is broken into two pyruvic acid molecules. This results in the production of two ATP molecules for every glucose used.
progress payment. Payment made as work progresses under a contract, upon the basis of costs incurred, of percentage of completion accomplished, or of a particular stage of completion.
Work in Progress (WIP) Work in progress (WIP) is the part of inventory that is currently being worked on and is yet in the production process. Work in progress is a stage in between the raw material and finished goods. It is no longer raw material because it has undergone some processing in the production process. It is also not yet finished goods because more processing has to be done to put it into its salable condition.