AccSEC Definition

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AccSEC is Accounting Standards Executive Committee.

Learn new Accounting Terms

MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.

INTEREST COVERAGE is a ratio which indicates the ability of a company to cover net interest expenses with income before net interest and taxes. It is calculated by dividing income before interest and taxes by interest.

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