COST REDUCTION Definition

Bookmark and Share

COST REDUCTION is actions taken in the present designed to decrease costs in the present. See COST AVOIDANCE.

Learn new Accounting Terms

BRIDGE LOAN (BRIDGING LOAN) is an equity loan secured to solve short-term financing problem.

MISSTATEMENT is a difference between the amount, classification, presentation, or disclosure of a reported financial statement item and the amount, classification, presentation, or disclosure that is required for the item to be in accordance with the applicable financial reporting framework.

Suggest a Term

Enter Search Term

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