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

DAY TRADE is the purchase and sale or the short sale and cover of the same security in a margin account on the same day.

DEFERRED ASSET is an amount owed to an entity that is not expected to be received by that entity within one year from the date of the balance sheet.

Suggest a Term

Enter Search Term

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