COST EFFECTIVE Definition

Bookmark and Share

COST EFFECTIVE is when a judgment is made that something is economical in terms of the goods or services received for the money spent.

Learn new Accounting Terms

YEAR-END ADJUSTMENT is the process of adjusting the entry to an account at the end of the calendar or fiscal year in order to properly state it for financial statement preparation purposes. The various  required adjustments include accrual or deferral of a revenue or expense item, reclassification, to conform book figures to physical inventory counts, and reflecting unusual transactions.

AROE is Adjusted Return on Equity.

Suggest a Term

Enter Search Term

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