APB Definition

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

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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.

LETTER OF CREDIT, CONFIRMED is a letter of credit that is guaranteed by a bank that is acceptable to a seller (usually a local bank), regardless of buyers bank.

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