What does ACT mean in Accounting?

This page is about the meanings of the acronym/abbreviation/shorthand ACT in the Business field in general and in the Accounting terminology in particular.

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What does ACT mean?

act, enactment(noun)
a legal document codifying the result of deliberations of a committee or society or legislative body

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"ACT." Abbreviations.com. STANDS4 LLC, 2017. Web. 27 Apr. 2017. <http://www.abbreviations.com/term/364148>.