ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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COST PRINCIPLE Definition
COST PRINCIPLE is the principle where a company is obliged to record its fixed assets at their actual purchase price or production cost.
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MEAN is the measure of central tendency; also called the average. It is calculated by the sum of the data points divided by the number of data points.
O as the fifth letter in a Nasdaq stock symbol indicates that the issue is second class of preferred shares in the company.