accounting cost

EnglishEdit

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NounEdit

accounting cost (plural accounting costs)

  1. (economics) The total amount of money or goods expended in an endeavour. It is money paid out at some time in the past and recorded in journal entries and ledgers.

SynonymsEdit

  • historical cost
  • business cost

Related termsEdit

Last modified on 16 June 2013, at 00:53