CFFA Definition

CFFA is Certified Financial Forensic Analyst.

Learn new Accounting Terms

ALTERNATIVE MINIMUM TAX (AMT) is an alternative tax which includes certain tax preference items that are added back into adjusted gross income. If higher than the regular tax, then the regular tax plus the amount by which AMT exceeds the regular tax is paid.

SUNK COST is the cost expended that cannot be retrieved on a product or service.

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