encyclopedia

FIBER OPTIC CABLES

Glass fibers that transmit binary signals over a telecommunications network. Fiber optic systems have few transmission losses as compared to the twisted pairs cable. They do not radiate energy or conduct electricity. They are free from corruption, lightning included interference,…

FIDUCIARY FUNDS

Financial resources held or managed in an agent or fiduciary capacity.

FIELD

An individual data element in a computer file. Examples include employee name, customer address, account number, product unit price and product quantity in stock.

FILE LAYOUT

Used to define the key items and fields needed in a specific file, and to identify the length and operational requirements of the file and its individual fields.

FILE SERVER

A computer that provides access to file for remote users (clients).

FILE TRANSFER PROTOCOL

A protocol used to provide file transfers across a wide variety of systems.

FINAL ACCEPTANCE

Final acceptance of the work under a contract occurs when the work is fully, completely, and finally accomplished in full, absolute, and strict compliance with the contract documents.

FINAL DESIGN

The engineering and architectural services performed by the Final Designer whose primary task is to provide coordinated drawings and specification bid documents for the purpose of obtaining construction and procurement contracts.

FINANCIAL ACCOUNTING AND REPORTING ELEMENTS (FARE)

A uniform financial and operating data system (FARE) developed by the federal government for the mass transit industry. (TRB)

FINANCIAL ACCOUNTING STANDARDS BOARD

The Board establishes and improves standards of financial accounting and reporting for the guidance and education of the public, including issuers, auditors, and users of financial information