FACTORY OVERHEAD Definition

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FACTORY OVERHEAD is the costs of operating a factory which cannot be assigned directly to a specific department or product.

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P as the fifth letter in a Nasdaq stock symbol indicates that the issue is first class of preferred shares in the company.

TOPSIDE ACCOUNTING ADJUSTMENTS/DEVICES is an illegal practice to where accountants manipulate its accounting practices to close gaps between actual operating results and results reported to the investing public. Accountants then falsely represent to the public that their audits were conducted in accordance with generally accepted auditing standards (GAAS) and that an entitys financial reports fairly represent the entitys financial condition and were prepared in accordance with generally accepted accounting principles (GAAP).

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