Tag: standard

Hedge Accounting

DefinitionHedge accounting is an accountancy practice. Hedge Accounting What is 'Hedge Accounting' Hedge accounting is a method of accounting where entries for...

Yield Variance

Yield Variance What is 'Yield Variance' Yield variance is the difference between actual output and standard output of a production or manufacturing...

In Specie

In Specie What does 'In Specie' mean In specie is a phrase describing the distribution of an asset in its present form,...

Imputed Cost

DefinitionIn economics, an implicit cost, also called an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a firm...

Nationally Recognized Statistical Ratings Organization (NRSRO)

Nationally Recognized Statistical Ratings Organization (NRSRO) What is 'Nationally Recognized Statistical Ratings Organization - NRSRO' The formal term to describe credit rating...

Absorbed Account

Absorbed Account What is 'Absorbed Account' An account that has been combined or that has merged with another related account. Accounts are...

Above The Line Deduction

DefinitionIn the United States tax law, an above-the-line deduction is a deduction that the Internal Revenue Service allows a taxpayer to subtract from his...

Sharpe Ratio

DefinitionIn finance, the Sharpe ratio is a way to examine the performance of an investment by adjusting for its risk. The ratio measures the...

Sales Mix Variance

Sales Mix Variance What is the 'Sales Mix Variance' Sales mix variance is the difference between a company’s budgeted sales mix and...

Sales Price Variance

Sales Price Variance What is 'Sales Price Variance' The difference between the amount of money a business expects to sell its products...

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