ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ORDER OF MAGNITUDE Definition
ORDER OF MAGNITUDE is a number assigned to the ratio of two quantities; two quantities are of the same order of magnitude if one is less than 10 times as large as the other; the number of magnitudes that the quantities differ is specified to within a power of 10.
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STABLE MONETARY UNIT CONCEPT allows accountants to ignore the effect of inflation in the accounting records.
FP&A is Financial Planning and Analysis.
