FASB Definition

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FASB see FINANCIAL ACCOUNTING STANDARDS BOARD.

Learn new Accounting Terms

CUT SCORE is a point on a score scale in which scores at or above the point are in a different category or classification than scores below the point (e.g. pass versus fail).

NOTARY PUBLIC is a certifier of legal documents, i.e., somebody who is legally authorized to certify the authenticity of signatures and documents. Also called notary.

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