ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ACQUISITION PRICE PRINCIPLE Definition
ACQUISITION PRICE PRINCIPLE see COST PRINCIPLE.
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TRANSPORTATION OUT is part of cost of selling therefore included as selling expense, i.e. part of SG&A.
SPECIFIC IDENTIFICATION METHOD is an inventory costing method under which the actual cost of a particular item is assigned to that item; used for determining cost of goods sold.