COST ROLLUP Definition

Bookmark and Share

COST ROLLUP is a determination of all cost elements within total cost. A cost rollup will normally but not always allow for the dissection of cost by material by a where used chain to the individual component, labor by operation and overheads applied. See COST IMPLOSION.

Learn new Accounting Terms

OPERATING REVENUE is that revenue realized from the day-to-day operations of the entity, e.g., sales revenue.

ERROR is unintentional misstatements or omissions in financial statements. Errors may involve mistakes in gathering or processing accounting data, incorrect estimates from oversight or misinterpretation of facts, and mistakes in application of principles relating to amount, classification, presentation or disclosure.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.