OR meaning in Accounts and Finance ?

Answer: What is Operations Research mean?

Operations research (British English: operational research), often shortened to the initialism OR, is a discipline that deals with the development and application of advanced analytical methods to improve decision-making. It is sometimes considered to be a subfield of mathematical sciences. The term management science is sometimes used as a synonym.

Employing techniques from other mathematical sciences, such as modeling, statistics, and optimization, operations research arrives at optimal or near-optimal solutions to complex decision-making problems. Because of its emphasis on practical applications, operations research has overlap with many other disciplines, notably industrial engineering. Operations research is often concerned with determining the extreme values of some real-world objective: the maximum (of profit, performance, or yield) or minimum (of loss, risk, or cost). Originating in military efforts before World War II, its techniques have grown to concern problems in a variety of industries.

reference

Full Form	Category
Outdoor Research	Academic & Science
Operational Research	Academic & Science
Oak Ridge Operations Office	Academic & Science
Orienting Response	Academic & Science
Operations Research	Accounts and Finance
Operating Result	Accounts and Finance
Outdoor Retailer	Business
Originator / Recipient	Computing
Logical Or	Electronics
Office of Record	General
O Ring	General
Oregon	Governmental
Operation Research	Governmental
Office of Research	Governmental
Operating Room	Healthcare
Odisha	Indian State
Orl Korec	International
Oristano (Provence)	International
Ordu	International
ÖRnek	International
Odds Ratio	Maths
Operative Risk	Medical
Open Reduction	Medical
Oriented	Medical
Other Rank(s) (nato)	Military and Defence
Official Regulation	Military and Defence
Operational Readiness	Military and Defence
Owasco River Railway	Regional
Orissa	Regional
Oriya	Regional
Logical Or (programming)	Softwares
Operational Right	Space Science
Operations Requirement	Space Science
Operations Review	Space Science
Operations Room	Space Science
Outer Roll	Space Science
Operational Requirement	Space Science
Oxygen Relief	Space Science
Olympic Record	Sports
Office Regenerator	Telecommunication
ArkeFly	Transport & Travel