COST/INCOME RATIO Definition

Bookmark and Share

COST/INCOME RATIO is total expenses divided by the sum of total income.

Learn new Accounting Terms

ORDINARY COURSE OF BUSINESS is the actions or results that would logically be expected in the regular or planned operating activities of a business as opposed to extra-ordinary transactions or activities, e.g. trade liabilities, capital asset procurement or revenue and its sources.

UNAUDITED OPINION is a qualified opinion by a Certified Public Accountant who has not audited the relevant financial statements.

Suggest a Term

Enter Search Term

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