COOKIE JAR RESERVES Definition

Bookmark and Share

COOKIE JAR RESERVES is an overly aggressive accrual of operating expenses and the creation of liability accounts done in an effort to reduce future year operating expenses.

Learn new Accounting Terms

FUNCTIONAL CURRENCY, generally, is the currency of record for any given entity. Within the context of foreign currency, it is the currency which a foreign subsidiary handles on a day-to-day basis in generating net cash flows. It is normally the currency of the country in which the subsidiary operates, but may be the currency of the parent company.

SS see SAFETY STOCK.

Suggest a Term

Enter Search Term

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