cost account
accounting record of section of business a record of revenue and/or expenditure of a cost center or cost unit
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accounting record of section of business a record of revenue and/or expenditure of a cost center or cost unit
to issue additional shares as long as companies provide adequate disclosure. There is no accounting-based profitability threshold that the company has to meet before making the stock issuance. The rationale is that such thresholds create additional costs for investors.
By Wang Jiwei
security for the promise of future contributions. In contrast, insurance companies have no such operating assets and, under FSA rules, need to hold assets and regulatory capital in excess of the accounting liabilities. Moreover, pension insurance buyout costs are typically higher than pension liabilities on an accounting basis, due to the more conservative assumptions used for the assessment of liabilities and projected asset returns
By Edmund Truell
Accounting systems have come a long way in the past decades. Activity-based costing revealed where costs were being incurred and what was driving them. The blizzard of regulations following the debacles involving Enron, WorldCom, and others led to the passage of the Sarbanes–Oxley Act (in the United
By John L. Mariotti
Marginal cost is based on the economic theory that the more goods are produced, the lower will be the per-unit cost.
Definitions of ’cost account’ and meaning of ’cost account’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’cost account’ and other financial terms with our online QFINANCE Financial Dictionary.