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MANAGEMENT CONTROLS Definition

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MANAGEMENT CONTROLS are controls performed by one or more managers.

 

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APB is Accounting Principles Board or an Accounting Principles Board opinion (GAAP).

ANNUITY, in finance, is a series of fixed payments, usually over a fixed number of years; or for the lifetime of a person, in which case it would be called a life-contingent annuity or simply life annuity.


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