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

RUNNING RATE is a sustained constant rate, often the only important single rate except for zero observed under a given schedule (as in some ratio performances) also known as stream rate.

PPI see PRODUCER PRICE INDEX.

Suggest a Term

Enter Search Term

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