OMB Definition

Bookmark and Share

OMB is Office of Management and Budget.

Learn new Accounting Terms

GATT (GENERAL AGREEMENT ON TARIFFS AND TRADE) is a multilateral treaty that aims to reduce trade barriers and increase trade. The GATT was an interim treaty process that has now culminated in the World Trade Organization (WTO).

ACCOUNT-CLASSIFICATION METHOD, also called account analysis, is a cost estimation method that requires a study of an account in the general ledger. The experienced analysts use the account information as well as their own judgment to determine how costs will behave in the future.

Suggest a Term

Enter Search Term

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