Below Is a List of Important Abbreviations Widely Used in Business

question 93

Essay

Below is a list of important abbreviations widely used in business. For each abbreviation give the full designation.
1. CPA
2. IRS
3. FBI
4. FASB
5. GAAP
6. SEC
LO3, 5 BT: K

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Definitions:

Fractions

Represents parts of a whole or a collection, expressed with different numbers on the top (numerator) and bottom (denominator) of a slash or line.

Whole Numbers

Non-negative integers, including zero, without any fractional or decimal parts.

Fractions

A mathematical expression representing the division of one quantity by another, typically written with a numerator above a denominator.

Lowest Terms

A fraction reduced to the lowest possible terms while retaining its original value.