FTC Definition

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FTC is Federal Trade Commission.

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.

GOING PUBLIC refers to those activities that relate to offering a private companys shares to the general investing public including registering with the SEC.

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