Definitions containing the term cutting of lines of force

What does cutting of lines of force mean?

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COGS

Cost Of Goods Sold

Business » Accounting

   
POP

Point Of Purchase

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LOC

Letter Of Credit

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AAA

Association of Accounting Administrators

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AAA-CPA

American Association of Attorney- Certified Public Accountants

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AACSB

American Assembly of Collegiate Schools of Business

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AAHCPA

American Association of Hispanic Certified Public Accountants

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ACC-SOP

Accounting Standards Executive Committee Statements of Position

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ACCPA

Atlantic Conference of Certified Public Accountants, Inc.

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ADAPSO

Association of Data Processing Service Organizations

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AGA

Association of Government Accountants

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AICPA

American Institute of Certified Public Accountants

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ASAE

American Society of Association Executives

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ASLGU

Audits of State and Local Governmental Units

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ASWA

American Society of Women Accountants

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AUD-SOP

Auditing Standards Division Statements of Position

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AWSCPA

American Woman's Society of Certified Public Accountants

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BOM

Bill Of Materials

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CD

Certificate of Deposit

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CICA

Canadian Institute of Chartered Accountants

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COLA

Cost Of Living Adjustment

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COSO

Committee of Sponsoring Organizations of the Treadway Commission

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EITF

Emerging Issues Task Force

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ERISA

Employee Retirement Income Security Act of 1974

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ERTA

Economic Recovery Tax Act of 1981

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What does cutting of lines of force mean?

Cutting of Lines of Force
A field of force is pictured as made up of lines of force; a conductor swept through the field is pictured as cutting these lines. By so doing it produces potential difference or electro-motive force in itself with a current, if the conductor is part of a closed circuit.

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