Feature Phone

Auditing Terms

Acronyms - V

V

• VAN - value-added network
• VAT - Value-Added Tax
• VBO - Vested Benefit Obligation
• VC - variable cost
• VFM - value-for-money auditing
• VO - variable (factory) overhead
• VOAR - variable overhead absorption rate
• VRDN - Variable-Rate Demand Note
• VRM - Variable Rate Mortgage
• VTC - Voting Trust Certificate

Acronyms - W

W

• WACC - weighted average capital cost/weighted average cost of capital
• WB - warehouse book
• WB - waybill
• WDV - written-down value
• WIP - work-in-process
• WIP - work-in-progress
• WO - work order
• WP - work package
• WR - warehouse receipt
• WT - warrant

Acronyms - X

Y-Z

Acronyms - Y

• YLD - yield
• YTC - yield to call
• YTD - year-to-date
• YTM - yield to maturity

Acronyms - Z

• ZBA - zero balance account
• ZBA - zero bracket amount
• ZBB - zero-based budgeting