Mr. Belford's Accounting Acronyms

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Can you name the Mr. Belford's Accounting Acronyms?

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HintAnswer
LIFO
FIFO
COGS
A=L+OE
FOB
ACRS
MACRS
CPA
CFA
SEC
HintAnswer
FASB
GAAP
CMA
FICA
A/R
IRS
PA
RICO
Mr. Belford's favorite students
Mr. Belford's favorite drink

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