ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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NOT-FOR-PROFIT ORGANIZATION Definition
NOT-FOR-PROFIT ORGANIZATION see NONPROFIT ORGANIZATION.
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USAGE VARIANCE is the difference between the budgeted quantity of materials and the actual quantity used.
ASSURANCE has been defined by the American Institute of Certified Public Accountants (AICPA) as "Independent Professional Services that improve information quality or its context". Such services are very broad and could include assessments of various industries, e.g., Internet security or quality of health facilities.