ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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VEBA is Voluntary Employees Benefits Association.
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ACCRUED LIABILITY are liabilities which are incurred, but for which payment is not yet made, during a given accounting period. Some examples in a manufacturing environment would be: wages, taxes, suppliers/vendors, etc.
BIR is Bureau of Internal Revenue, Benefit/Investment Ratio, or Best Incremental Return.