FULL COSTING Definition

Bookmark and Share

FULL COSTING see ABSORPTION COSTING.

Learn new Accounting Terms

BENEFIT PERIOD is the projected useful life time period over which an asset will be productive.

ILLIQUID is when cash flows generated by the firm are insufficient to meet the debt service. When speaking of money or an economy: being very liquid means it is driven by primarily by cash, checking/saving accounts, treasury bills, stocks and bonds, etc; while being very illiquid means it is driven primarily by human capital.

Suggest a Term

Enter Search Term

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