APB Definition

Bookmark and Share

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

Learn new Accounting Terms

SALES TURNOVER is the total amount sold within a stipulated time period, usually 12 months. Sales turnover is usually expressed in monetary terms but can also be in total units of stock or products sold.

C&F (COST & FREIGHT) includes all shipping costs but insurance. Generally used in statement of terms, stating cost and freight are paid by the exporter from his warehouse to a port in the importers country. In this case, the buyer is responsible for insurance.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.