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INFO: Full form for FMSS is Financial Management Software System in Accounts and Finance category
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INFO: Full form for FCSI is Fellow of The Canadian Securities Institute in Accounts and Finance category
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INFO: Full form for ARTC is Accounts Receivable Truncated Checks in Accounts and Finance category
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INFO: Full form for ECTC is Expected Cost To Company in Accounts and Finance category
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INFO: Full form for SRAC is Short Run Average Cost in Accounts and Finance category
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INFO: Full form for REW is Real Estate Withholding in Accounts and Finance category
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INFO: Full form for OFR is Operating and Financial Review in Accounts and Finance category
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INFO: Full form for TVT is Time Value Tangibles in Accounts and Finance category
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INFO: Full form for RMU is Reticular Module Unit in Accounts and Finance category
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INFO: Full form for NLR is Net License Revenue in Accounts and Finance category
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INFO: Full form for NLR is Net Local Revenue in Accounts and Finance category
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INFO: Full form for NAARS is National Automated Accounting Research System in Accounts and Finance category
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Sir Gordon Menzies Macwhinnie (12 November 1922 – 18 July 2007) was a key figure in Hong Kong before its return to the People's Republic of China.

Macwhinnie founded the Hong Kong Society of Accountants, serving as its president from 1973 to 1974, which earned him the unofficial title father of modern accountancy in Hong Kong. He was chairman of several companies, a member of government committees and the driving force behind the Hong Kong University of Science and Technology.

In finance, the net present value (NPV) or net present worth (NPW) applies to a series of cash flows occurring at different times. The present value of a cash flow depends on the interval of time between now and the cash flow. It also depends on the discount rate. NPV accounts for the time value of money. It provides a method for evaluating and comparing capital projects or financial products with cash flows spread over time, as in loans, investments, payouts from insurance contracts plus many other applications.

Time value of money dictates that time affects the value of cash flows. For example, a lender may offer 99 cents for the promise of receiving $1.00 a month from now, but the promise to receive that same dollar 20 years in the future would be worth much less today to that same person (lender), even if the payback in both cases was equally certain. This decrease in the current value of future cash flows is based on a chosen rate of return (or discount rate). If for example there exists a time series of identical cash flows, the cash flow in the present is the most valuable, with each future cash flow becoming less valuable than the previous cash flow. A cash flow today is more valuable than an identical cash flow in the future because a present flow can be invested immediately and begin earning returns, while a future flow cannot.

NPV is determined by calculating the costs (negative cash flows) and benefits (positive cash flows) for each period of an investment. After the cash flow for each period is calculated, the present value (PV) of each one is achieved by discounting its future value (see Formula) at a periodic rate of return (the rate of return dictated by the market). NPV is the sum of all the discounted future cash flows.

Because of its simplicity, NPV is a useful tool to determine whether a project or investment will result in a net profit or a loss. A positive NPV results in profit, while a negative NPV results in a loss. The NPV measures the excess or shortfall of cash flows, in present value terms, above the cost of funds. In a theoretical situation of unlimited capital budgeting, a company should pursue every investment with a positive NPV. However, in practical terms a company's capital constraints limit investments to projects with the highest NPV whose cost cash flows, or initial cash investment, do not exceed the company's capital. NPV is a central tool in discounted cash flow (DCF) analysis and is a standard method for using the time value of money to appraise long-term projects. It is widely used throughout economics, finance, and accounting.

In the case when all future cash flows are positive, or incoming (such as the principal and coupon payment of a bond) the only outflow of cash is the purchase price, the NPV is simply the PV of future cash flows minus the purchase price (which is its own PV). NPV can be described as the "difference amount" between the sums of discounted cash inflows and cash outflows. It compares the present value of money today to the present value of money in the future, taking inflation and returns into account.

The NPV of a sequence of cash flows takes as input the cash flows and a discount rate or discount curve and outputs a present value, which is the current fair price. The converse process in discounted cash flow (DCF) analysis takes a sequence of cash flows and a price as input and as output the discount rate, or internal rate of return (IRR) which would yield the given price as NPV. This rate, called the yield, is widely used in bond trading.

Many computer-based spreadsheet programs have built-in formulae for PV and NPV.

The National Association of State Auditors, Comptrollers and Treasurers is an American organization for officials who manage the finances of state governments.

NASACT's members include auditors, comptrollers and treasurers from the 50 states, the District of Columbia, and the U.S. territories. NASACT is headquartered in Lexington, Kentucky, and has a second office in Washington, DC.

NASACT :

INFO: Full form for IDW is Institut Der Wirtschaftsprufer In Deutschland in Accounts and Finance category
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INFO: Full form for FRAC is Frequency, Recency, Amount, and Category in Accounts and Finance category
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INFO: Full form for GRAP is Generally Recognised Accounting Practice (south Africa) in Accounts and Finance category
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INFO: Full form for GRAP is Generally Recognised Accounting Practices in Accounts and Finance category
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INFO: Full form for GSVP is Gross Sales Value of Production in Accounts and Finance category
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INFO: Full form for DTTN is Digital Trade Transport Network in Accounts and Finance category
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In probability theory, the expected value of a random variable X {\displaystyle X} , often denoted E ⁡ ( X ) {\displaystyle \operatorname {E} (X)} , E ⁡ [ X ] {\displaystyle \operatorname {E} [X]} , or E X {\displaystyle EX} , is a generalization of the weighted average, and is intuitively the arithmetic mean of a large number of independent realizations of X {\displaystyle X} . The expectation operator E {\displaystyle \operatorname {E} } is also commonly stylized as E {\displaystyle E} or E {\displaystyle \mathbb {E} } . The expected value is also known as the expectation, mathematical expectation, mean, average, or first moment. Expected value is a key concept in economics, finance, and many other subjects.

By definition, the expected value of a constant random variable X = c {\displaystyle X=c} is c {\displaystyle c} . The expected value of a random variable reference

INFO: Full form for EMV is Electronic Money Value in Accounts and Finance category
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INFO: Full form for JEEP is Joint Ethics Enforcement Plan in Accounts and Finance category
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INFO: Full form for JEEP is Just Expect Every Problem in Accounts and Finance category
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INFO: Full form for FSAA is Fellow of The Society of Accountants and Auditors in Accounts and Finance category
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INFO: Full form for ABB is Activity-based Budget in Accounts and Finance category
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INFO: Full form for ETWE is Evidence of Technical Work Experience in Accounts and Finance category
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INFO: Full form for AEV is Alternative Equivalent Value in Accounts and Finance category
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INFO: Full form for ABAS is Assurance & Business Advisory Services in Accounts and Finance category
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INFO: Full form for FMAC is Financial and Management Accounting Committee in Accounts and Finance category
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The European Credit Transfer and Accumulation System (ECTS) is a standard means for comparing academic credits, i.e., the "volume of learning based on the defined learning outcomes and their associated workload" for higher education across the European Union and other collaborating European countries. For successfully completed studies, ECTS credits are awarded. One academic year corresponds to 60 ECTS credits that are normally equivalent to 1500–1800 hours of total workload, irrespective of standard or qualification type. ECTS credits are used to facilitate transfer and progression throughout the Union.ECTS also includes a standard grading scale, intended to be shown in addition to local (i.e. national) standard grades.

INFO: Full form for CVAS is Clearinghouse for Volunteer Accounting Services in Accounts and Finance category
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INFO: Full form for DVCA is Cash Dividend (dividend In Cash) in Accounts and Finance category
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The Fair Labor Standards Act of 1938 29 U.S.C. § 203 (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week. It also prohibits employment of minors in "oppressive child labor". It applies to employees engaged in interstate commerce or employed by an enterprise engaged in commerce or in the production of goods for commerce, unless the employer can claim an exemption from coverage.

INFO: Full form for ARAF is Associated Regional Accounting Firm in Accounts and Finance category
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INFO: Full form for ACW is Atm Cash Withdrawal in Accounts and Finance category
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INFO: Full form for DITL is Deferred Income Tax Liability in Accounts and Finance category
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Price look-up codes, commonly called PLU codes, PLU numbers, PLUs, produce codes, or produce labels, are a system of numbers that uniquely identify bulk produce sold in grocery stores and supermarkets. The codes have been in use since 1990, and over 1400 have been assigned. The codes are administered by the International Federation for Produce Standards (IFPS), a global coalition of fruit and vegetable associations that was formed in 2001 to introduce PLU numbers globally.

Produce labeled with PLU codes eliminates the need for grocery store checkers and customers to visually identify different varieties, which can make check-out and inventory control easier, faster, and more accurate – something that is important when varieties of produce look similar but have different prices, such as organic and conventional (non-organic) varieties.

INFO: Full form for AWW is Average Weekly Wages in Accounts and Finance category
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INFO: Full form for TFV is True and Fair View in Accounts and Finance category
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INFO: Full form for UQF is Un-qualified Funnel in Accounts and Finance category
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INFO: Full form for EOM is End of Month in Accounts and Finance category
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INFO: Full form for MSI is Member of Securities Institute in Accounts and Finance category
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INFO: Full form for MoM is Month-over-month in Accounts and Finance category
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INFO: Full form for PCM is Project Cost Model in Accounts and Finance category
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