Explore topic-wise InterviewSolutions in Accounts and Finance.

INFO: Full form for DM is Direct Material in Accounts and Finance category
DM also has other full forms in other categories mentioned below.

INFO: Full form for DM is Debit Margin in Accounts and Finance category
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INFO: Full form for GPM is Gross Profit Margin in Accounts and Finance category
GPM also has other full forms in other categories mentioned below.

INFO: Full form for FOM is First of Month in Accounts and Finance category
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INFO: Full form for WMA is Wealth Management Association in Accounts and Finance category
WMA also has other full forms in other categories mentioned below.

INFO: Full form for TMP is Tax Matters Partner in Accounts and Finance category
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INFO: Full form for APS is Adjustment Processing System in Accounts and Finance category
APS also has other full forms in other categories mentioned below.

The American Management Association (AMA) is an American non-profit educational membership organization for the promotion of management, based in New York City. Besides its headquarters there, it has local head offices throughout the world.

It offers its members a wide range of training programs, seminars, conferences, studies, and publications, which cover topics as diverse as industrial or commercial management, communication, finance and accounting, human resources management, leadership, international management, marketing and sales.

As a corporate training and consulting group, it provides a variety of educational and management development services to businesses, government agencies, and individuals.

INFO: Full form for QLR is Qualified Loan Review in Accounts and Finance category
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INFO: Full form for QBT is Quoting, Booking, and Tracking in Accounts and Finance category
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INFO: Full form for UOI is Unit of Inquiry in Accounts and Finance category
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INFO: Full form for IGAF is International Group of Accounting Firms in Accounts and Finance category
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INFO: Full form for LITO is Low Income Tax Offset in Accounts and Finance category
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INFO: Full form for PAAA is Palestinian Association of Accountants and Auditors in Accounts and Finance category
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INFO: Full form for MAAA is Member of The American Academy of Actuaries in Accounts and Finance category
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INFO: Full form for OAC is On Approved Credit in Accounts and Finance category
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INFO: Full form for NAAI is National Association of Accountants In Insolvencies in Accounts and Finance category
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INFO: Full form for LGAP is Lady Godiva Accounting Principles in Accounts and Finance category
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INFO: Full form for IIW is Indicative Installment Warrant in Accounts and Finance category
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The Defense Finance and Accounting Service (DFAS) is an agency of the United States Department of Defense (DOD), headquartered in Indianapolis, IN. DFAS was established in 1991 under the authority, direction, and control of the Under Secretary of Defense (Comptroller)/Chief Financial Officer to strengthen and reduce costs of financial management and operations within DOD. DFAS is responsible for all payments to servicemembers, employees, vendors, and contractors. It provides business intelligence and finance and accounting information to DOD decisionmakers. DFAS is also responsible for preparing annual financial statements and the consolidation, standardization, and modernization of finance and accounting requirements, functions, processes, operations, and systems for DOD.

One of the most visible responsibilities of DFAS is handling military pay. DFAS pays all DoD military and civilian personnel, retirees and annuitants, as well as major DoD contractors and vendors. DFAS also supports customers outside the DoD in support of electronic government initiatives. Customers include the Executive Office of the President, Department of Energy, Department of Veterans Affairs, Department of Health & Human Services, Department of State, U.S. Agency for Global Media and Foreign partners .

DFAS is a working capital fund agency financed by reimbursement of operating costs from its governmental customers (mostly the military service departments) rather than through direct appropriations. DFAS remains the world's largest finance and accounting operation.

In FY 2019, DFAS:

INFO: Full form for FITS is Financial Information Tracking System in Accounts and Finance category
FITS also has other full forms in other categories mentioned below.

The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing an annual Form 940 with the Internal Revenue Service. In some cases, the employer is required to pay the tax in installments during the tax year.

FUTA covers a federal share of the costs of administering the unemployment insurance (UI) and job service programs in every state. In addition, FUTA pays one-half of the cost of extended unemployment benefits (during periods of high unemployment) and provides for a fund from which states may borrow, if necessary, to pay benefits.

INFO: Full form for FIWA is Financial Index Wealth Accountants in Accounts and Finance category
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Generally Accepted Auditing Standards, or GAAS are sets of standards against which the quality of audits are performed and may be judged. Several organizations have developed such sets of principles, which vary by territory. In the United States, the standards are promulgated by the Auditing Standards Board, a division of the American Institute of Certified Public Accountants (AICPA).

AU Section 150 states that there are ten standards: three general standards, three fieldwork standards, and four reporting standards. These standards are issued and clarified Statements of Accounting Standards, with the first issued in 1972 to replace previous guidance. Typically, the first number of the AU section refers to which standard applies. However, in 2012 the Clarity Project significantly revised the standards and replaced AU Section 150 with AU Section 200, which does not explicitly discuss the 10 standards.

In the United States, the Public Company Accounting Oversight Board develops standards (Auditing Standards or AS) for publicly traded companies since the 2002 passage of the Sarbanes-Oxley Act; however, it adopted many of the GAAS initially. The GAAS continues to apply to non-public companies.

INFO: Full form for ERTF is Exchange Rate Transaction Fee in Accounts and Finance category
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INFO: Full form for EQP is End Quantity Pricing in Accounts and Finance category
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INFO: Full form for BYE is Benefit Year End in Accounts and Finance category
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INFO: Full form for FAACS is Fixed Asset Accounting and Control System in Accounts and Finance category
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INFO: Full form for BBU is Billing Breakup Unit in Accounts and Finance category
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INFO: Full form for OOC is Out of Cash in Accounts and Finance category
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INFO: Full form for RRA is Revenue Reconciliation Act of 1990 in Accounts and Finance category
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INFO: Full form for UF is University Fund in Accounts and Finance category
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INFO: Full form for BEAM is Bank Environment Automation Manager in Accounts and Finance category
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