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Study acronyms by subject

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ABN

Australian Business Number

003

Business Studies

An 11-digit identifier for businesses in Australia.

ABS

Australian Bureau of Statistics

287

Business Studies
Economics

An agency of the Australian Government that collates and analyses statistical data on economic, demographic, environmental and social issues to support policy research and development.

ACCC

Australian Competition and Consumer Commission

102

Business Studies

The authority that enforces competition and consumer law.

AI

Artificial Intelligence

067

General

Computer systems performing tasks that usually require human intelligence.

APC

Average Propensity to Consume

135

Economics

The share of total income spent on consumption.

APS

Average Propensity to Save

195

Economics

The share of total income saved.

ASIC

Australian Securities and Investments Commission

064

Business Studies

The regulator for companies, markets, and financial services in Australia.

ASX

Australian Securities Exchange

101

Business Studies

Australia's primary securities exchange.

ATAR

Australian Tertiary Admission Rank

001

General

A rank used for university admission in Australia.

ATO

Australian Taxation Office

079

Business Studies

The government body that administers taxes and superannuation.

AUD

Australian Dollar

099

Business Studies

The official currency of Australia.

B2B

Business-to-Business

084

Business Studies

Commercial transactions between businesses.

B2C

Business-to-Consumer

032

Business Studies

Commercial transactions between a business and individual consumers.

B2G

Business-to-Government

036

Business Studies

Transactions between private businesses and government agencies.

C

Consumption

152

Economics

Household spending component of aggregate demand.

C2B

Consumer-to-Business

016

Business Studies

A model where individuals offer value to businesses.

C2C

Consumer-to-Consumer

075

Business Studies

Transactions between individual consumers, often through online platforms.

CCP

Critical Control Point

217

Hospitality

A stage in food handling where safety risk must be controlled.

COD

Cash On Delivery

283

Business Studies

A transaction method where the recipient pays for goods at the time of delivery rather than in advance

COGS

Cost of Goods Sold

107

Business Studies

Direct costs attributable to producing sold goods.

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