AVOIDABLE COST Definition

Bookmark and Share

AVOIDABLE COST is the amount of expense that would not occur if a particular decision were to be implemented (e.g., if an employee is laid off at a company that is self-insured for unemployment compensation, the avoidable cost is total direct salary less payments for unemployment benefits plus savings in employee benefits).

Learn new Accounting Terms

RESTRICTED DONATIONS see RESTRICTED ASSETS.

GNMA MIDGETS are GNMA bonds secured by mortgages with a stated maturity of 15 years.

Suggest a Term

Enter Search Term

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