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Q: What does the accounting term on hand mean?
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What does the accounting term MPV mean?

Material Pricing Variance


What do current liabilities mean in accounting?

Current Liabilities in accounting are amounts that are owed by a business. The two types of current liabilities are short-term and long-term liabilities.


What does the term capital assets mean in accounting?

In accounting the term capital assets refers to an asset that is usually held for the purpose of contributing to earnings for a business over a long period of time.


What does the term AAT stand for?

Association of Accounting Technicians Apart from this, it also stands for the membership of the Association.So it can also mean Associate of Accounting Technicians


What does the term non profit accounting mean?

The term "nonprofit accounting" refers to the financial record keeping of companies that qualify for tax exemptions such as Charities, Hospitals, Government Departments and Credit Unions.


Which is the correct term is that accounting finance or Finance accounting?

Accounting and Finance


What does take a default mean?

Sports- lose by not playing Accounting term- behind on payments on a loan


What does the accounting term EBITDA mean?

Earnings before interest, tax, depreciation and amortization. It means that accounting profit amount shown is after deducting all these expenses.


What is mean of debit?

A bookkeeping and accounting term, indicating an entry made in the left hand column of the ledger. Debit is the opposite of credit. In common use the phrase 'debit my account' is an instruction to charge a sum of money against the account.


Explan the term accounting cycle why is it called cycle?

accounting is the systematic representation


How does management accounting differ from cost accounting?

Management accounting includes both financial and cost accounting, tax planning and tax accounting. Cost accounting, on the other hand, does not include financial accounting, tax planning and tax accounting.


What do you mean by the term Accounting?

It means keeping track of money; money coming in, money going out, where the money is and what it is being used for.