OCBOA Definition

Bookmark and Share

OCBOA see Other Comprehensive Basis of Accounting.

Learn new Accounting Terms

SOUND, when used in a financial context, means financially secure and safe.

AUTHORIZATION SCHEDULE is the guideline under which the subject activity is controlled and authorized. For example, expenditure spending may be controlled by amounts and the managerial level required authorizing or approving a preset trigger amount. As the amount increases over certain preset levels, higher managerial authority is required for approval.

Suggest a Term

Enter Search Term

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