Home > Terms > English, UK (UE) > Cost of inventories

Cost of inventories

All costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition.

This is auto-generated content. You can help to improve it.
0
Improve it
More
Collect to Blossary

Other Languages:

More

Member comments

You have to log in to post to discussions.

Related terms

cost of inventories
Financial services; Accountancy

All costs of purchase, costs of conversion and other costs incurred in bringing the inventories to their present location and condition.

inventories
Agriculture; General agriculture

Supplies of raw materials, finished goods, or goods in process that are held by an enterprise. Inventories sometimes include spare parts for machinery and equipment.

inventories
Financial services; Accountancy

Assets: (a) held for sale in the ordinary course of business; (b) in the process of production for such sale; or (c) in the form of materials or supplies to be consumed in the ...

accural accouting
Financial services; Accountancy

The attempt to record the financial effects of transactions and other events in the periods in which those transactions or events occur rather than only in the periods in which ...

cafeteria plan
Financial services; Accountancy

A benefit plan maintained by an employer for the benefit of the employees under which each participant has the opportunity to select the benefits they desire.

capital flows
Financial services; Accountancy

The movement of money for the purpose of investment, trade or business production. Capital flows occur within corporations in the form of investment capital and capital spending ...

overbought
Financial services; Accountancy

A situation in which the demand for a certain asset unjustifiably pushes the price of an underlying asset to levels that do not support the fundamentals.

Bitcoin
Financial services; Accountancy

A decentralized digital currency that enables low-cost payments without the need for central authorities and issuers. Bitcoin is a peer-to-peer (P2P) currency system created in ...

techinical correction
Financial services; Accountancy

A decrease in the market price of an asset or entire market after extensive price increases. A technical correction occurs even when there is no evidence that the increasing price ...

Terms in the News

Featured Terms

  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Sports Category: Basketball

dead ball

(basketball term) any ball that is not live; occurs after each successful field goal or free-throw attempt, after any official's whistle or if the ...

Contributor

Featured blossaries

Best Writers

Category: Literature   1 2 Terms

Retail/ Trading

Category: Arts   1 1 Terms

Browers Terms By Category

TERMS

SOCIAL

EXTRAS

SOLUTIONS