Sure. MOA stands for minute of angle.
Without getting into a semi-confusing math equation, MOA when referring to group size is 1" @ 100 yards, 2" @ 200 yards, 3" @ 300 yards and so on.
So theoretically if your rifle shoots MOA groups, it shoots 1" groups at 100, and it will shoot 3" groups at 300. But many other factors usually keep it from working out that way.
Groups should be measured from center-to-center of the two shots furthest away from each other. Five shots is generally a "group" but I consider three shot groups to be a sufficient judge of accuracy for a hunting rifle with a sporter weight barrel.
Glass bedding or epoxy bedding, uses an epoxy adhesive applied to the inside of the stock, where the action sits, and then before it dries, the action (coated with a release agent) is dropped down in to the stock and held in place with moderate pressure until the epoxy dries. This creates a surface inside the stock that is true and fitted to the action, and will keep the action in place and prevent any shot-to-shot movement, which would degrade accuracy. This is sometimes done in conjunction with aluminum pillars in the action screw holes or even shims.
Boyd's sells bedding kits that work pretty good for about $30.
Guys who want to do a bedding job on the cheap use JB weld, and it seems to work pretty good as well.