COST ELEMENT Definition

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COST ELEMENT, in cost accounting, is the lowest level component of a resource activity, or cost object.

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POOLING OF INTEREST METHOD is an accounting method for reporting acquisitions accomplished through the use of equity. The combined assets of the merged entity are consolidated using book value, as opposed to the PURCHASE METHOD, which uses market value. The merging entities` financial results are combined as though the two entities have always been a single entity. See POOLING-OF-INTERESTS.

INVESTMENT RISK is the degree of uncertainty as to the realization of expected returns.

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