Related Words

Cost Accounting: Another term for expenditure. See also expenses.

Management Accounting: The area of accounting concerned with providing internal financial reports to assist management in making decisions.

Incremental Costs And Benefits: Average cost applicable to the issue of each additional unit of debt and equity.

Indirect Management Costs: Expenses in a budget of a real estate agency or parent company the are partially attributable to the operation of a management department.

Incremental Cost Of Capital: Difference between the firm's cash flows with and without a project.

Indirect Costs: Expenses, such as fringe benefits, overhead, utilities, rent or equipment, that have been incurred for the purpose of common general activities and cannot be identified or charged directly t . . . View Full Definition

Guaranteed Replacement Cost Coverage Insurance: A type of insurance policy that requires the insurer to renew the policy to an individual regardless of health changes. No changes may be made to an individual policyholder unless the same c . . . View Full Definition

Generally Accepted Accounting Principals (GAAP): The sum of taxes, charges, and miscellaneous income taken in at the state and local level while neglecting overlapping revenue which may be erroneously counted twice.

Generally Accepted Accounting Principles (GAAP): Authoritative guidelines that define accounting practice at a particular time.

Historical Cost: Stocks of companies operating in high-technology fields.